Labour Costs in Austria increased to 139.70 points in the second quarter of 2021 from 120 points in the first quarter of 2021. source: EUROSTAT

Labour Costs in Austria averaged 99.23 points from 1996 until 2021, reaching an all time high of 139.70 points in the second quarter of 2020 and a record low of 83.80 points in the third quarter of 1999. This page provides - Austria Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Unit Labour Costs - values, historical data and charts - was last updated on October of 2021.

Labour Costs in Austria is expected to be 119.45 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Unit Labour Costs is projected to trend around 114.95 points in 2022 and 115.27 points in 2023, according to our econometric models.

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Austria Unit Labour Costs


Austria Last Unit Reference Previous Highest Lowest
Long Term Unemployment Rate 2.30 percent Mar/21 1.50 2.30 0.90
Youth Unemployment Rate 11.60 percent Aug/21 11.30 15.30 5.00
Labour Costs 139.70 points Jun/21 120.00 139.70 83.80
Population 8.90 Million Dec/20 8.86 8.90 7.03
Employment Change 1.40 percent Jun/21 -0.30 2.90 -4.10
Productivity 102.20 points Jun/21 102.30 105.60 75.50
Part Time Employment 1204.90 Thousand Jun/21 1153.80 1204.90 553.50
Labor Force Participation Rate 60.60 percent Jun/21 60.80 62.10 57.30
Full Time Employment 2974.40 Thousand Jun/21 2965.10 3154.10 2796.40
Employment Rate 70.50 percent Mar/21 72.80 74.20 65.30