Labour Costs in Austria increased to 122.90 points in the first quarter of 2020 from 117.60 points in the fourth quarter of 2019.

Labour Costs in Austria averaged 97.73 points from 1996 until 2020, reaching an all time high of 122.90 points in the first 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 August of 2020.

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. Looking forward, we estimate Labour Costs in Austria to stand at 114.45 in 12 months time. In the long-term, the Austria Unit Labour Costs is projected to trend around 114.95 points in 2021 and 115.27 points in 2022, according to our econometric models.

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Austria Unit Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
122.90 117.60 122.90 83.80 1996 - 2020 points Quarterly
NSA, 2010=100

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.20 10.10 12.80 0.80 percent [+]
Employed Persons 3716.70 3641.80 3880.50 2302.70 Thousand [+]
Unemployed Persons 383951.00 414766.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 1.10 1.10 2.10 0.90 percent [+]
Youth Unemployment Rate 10.60 11.70 13.40 5.00 percent [+]
Labour Costs 122.90 117.60 122.90 83.80 points [+]
Job Vacancies 63194.00 57597.00 84473.00 11240.00 [+]
Wages 2768.42 2688.92 2768.42 1866.40 EUR/Month [+]
Wages in Manufacturing 110.60 110.60 138.30 75.89 points [+]
Population 8.86 8.82 8.86 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 [+]
Labor Force Participation Rate 60.30 61.40 62.10 57.30 percent [+]
Productivity 100.10 102.20 102.50 75.50 points [+]
Part Time Employment 1161.30 1174.30 1184.60 553.50 Thousand [+]
Employment Change -0.20 0.40 0.80 -0.50 percent [+]
Employment Rate 72.30 73.80 74.20 65.30 percent [+]
Full Time Employment 3053.30 3130.60 3154.10 2796.40 Thousand [+]