Labor Force Participation Rate in Austria increased to 61.20 percent in the second quarter of 2019 from 61 percent in the first quarter of 2019.

Labor Force Participation Rate in Austria averaged 59.92 percent from 1998 until 2019, reaching an all time high of 62.10 percent in the third quarter of 2016 and a record low of 57.30 percent in the first quarter of 2004. This page provides - Austria Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Austria is expected to be 61.23 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Austria to stand at 61.38 in 12 months time. In the long-term, the Austria Labor Force Participation Rate is projected to trend around 61.35 percent in 2020, according to our econometric models.


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Austria Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.20 61.00 62.10 57.30 1998 - 2019 percent Quarterly
NSA
Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 7.30 10.90 0.80 percent [+]
Employed Persons 3769.00 3792.50 3880.50 2302.70 Thousand [+]
Unemployed Persons 349795.00 299527.00 424989.00 22344.00 [+]
Long Term Unemployment Rate 1.10 1.20 2.10 0.90 percent [+]
Youth Unemployment Rate 8.60 8.40 13.40 5.00 percent [+]
Labour Costs 117.30 121.00 121.00 83.50 points [+]
Job Vacancies 65443.00 71175.00 84473.00 11240.00 [+]
Wages 2768.42 2688.92 2768.42 1866.40 EUR/Month [+]
Wages in Manufacturing 108.10 108.00 138.30 75.89 points [+]
Population 8.82 8.77 8.82 7.03 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wages Low Skilled 1660.00 1780.00 1800.00 1660.00 EUR/Month [+]
Wages High Skilled 3590.00 4010.00 4010.00 3590.00 EUR/Month [+]
Labor Force Participation Rate 61.20 61.00 62.10 57.30 percent [+]
Living Wage Family 1560.00 1680.00 1680.00 1520.00 EUR/Month [+]
Living Wage Individual 1010.00 1080.00 1080.00 975.00 EUR/Month [+]
Productivity 106.10 105.80 110.30 77.00 points [+]
Part Time Employment 1163.30 1158.00 1184.60 553.50 Thousand [+]
Employment Change 0.20 0.10 0.80 -0.50 percent [+]
Employment Rate 74.20 73.40 74.20 65.30 percent [+]
Full Time Employment 3152.80 3114.60 3154.10 2796.40 Thousand [+]