Long Term Unemployment Rate in Austria remained unchanged at 1.10 percent in the first quarter of 2020 from 1.10 percent in the fourth quarter of 2019.

Long Term Unemployment Rate in Austria averaged 1.38 percent from 1995 until 2020, reaching an all time high of 2.10 percent in the second quarter of 2016 and a record low of 0.90 percent in the first quarter of 2002. This page provides - Austria Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Long Term Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Long Term Unemployment Rate in Austria is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Austria to stand at 1.10 in 12 months time. In the long-term, the Austria Long Term Unemployment Rate is projected to trend around 1.10 percent in 2021 and -4.40 percent in 2022, according to our econometric models.

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Austria Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.10 2.10 0.90 1995 - 2020 percent Quarterly

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.40 9.00 12.80 0.80 percent [+]
Employed Persons 3792.80 3798.30 3880.50 2302.70 Thousand [+]
Unemployed Persons 346907.00 371893.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 1.10 1.10 2.10 0.90 percent [+]
Youth Unemployment Rate 10.60 10.40 13.40 5.00 percent [+]
Labour Costs 139.70 122.90 139.70 83.80 points [+]
Job Vacancies 67119.00 66005.00 84473.00 11240.00 [+]
Wages 2768.42 2688.92 2768.42 1866.40 EUR/Month [+]
Wages in Manufacturing 110.80 110.80 110.80 54.87 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 97.00 100.10 102.50 75.50 points [+]
Part Time Employment 1120.30 1161.30 1184.60 553.50 Thousand [+]
Full Time Employment 3021.40 3053.30 3154.10 2796.40 Thousand [+]
Employment Change -4.10 -0.30 0.80 -4.10 percent [+]
Employment Rate 71.00 72.30 74.20 65.30 percent [+]


Austria Long Term Unemployment Rate
In Austria, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.