The unemployment rate in Austria climbed to 9.2 percent in July of 2020 from 6.5 percent in the same period of the previous year. The number of people registered as unemployed went up by 41.3 percent to 383,951. In June, the jobless rate was higher at 10.1 percent.

Unemployment Rate in Austria averaged 5.05 percent from 1960 until 2020, reaching an all time high of 12.80 percent in April of 2020 and a record low of 0.80 percent in August of 1974. This page provides the latest reported value for - Austria Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Unemployment Rate in Austria is expected to be 13.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Austria to stand at 14.50 in 12 months time. In the long-term, the Austria Unemployment Rate is projected to trend around 13.50 percent in 2021 and 8.00 percent in 2022, according to our econometric models.

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Austria Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.20 10.10 12.80 0.80 1960 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-04 07:30 AM Apr 12.8% 12.2% 12.9%
2020-06-02 08:40 AM May 11.5% 12.8% 13.3%
2020-07-01 09:30 AM Jun 10.1% 11.5% 12%
2020-08-03 08:30 AM Jul 9.2% 10.1% 12%
2020-09-02 07:30 AM Aug 9.2%
2020-10-01 07:30 AM Sep 13.5%
2020-11-04 08:30 AM Oct
2020-12-02 08:30 AM Nov


News Stream
Austria Jobless Rate Rises to 9.2% in July
The unemployment rate in Austria climbed to 9.2 percent in July of 2020 from 6.5 percent in the same period of the previous year. The number of people registered as unemployed went up by 41.3 percent to 383,951. In June, the jobless rate was higher at 10.1 percent.
2020-08-03
Austria Jobless Rate Jumps to 10.1% in June
The unemployment rate in Austria jumped to 10.1 percent in June 2020 from 6.5 percent in the same period of the previous year. It was the highest jobless rate for a June month on record, as the coronavirus pandemic hit the labour market. The number of people registered as unemployed climbed by 56.8 percent to 414,766. In May, the jobless rate was higher at 11.5 percent.
2020-07-01
Austria Jobless Rate Climbs to 11.5% in May
The unemployment rate in Austria jumped to 11.5 percent in May 2020 from 6.8 percent in the corresponding month of the previous year. It was the highest jobless rate for a May month on record, amid the coronavirus crisis. The number of people registered as unemployed rose by 69.7 percent to 473,300. In April, the jobless rate was at a record high of 12.8 percent.
2020-06-02
Austria Jobless Rate Hits New Record High of 12.8%
The unemployment rate in Austria climbed to an all-time high of 12.8 percent in April of 2020 from 7.3 percent in the same month of the previous year. The number of people registered as unemployed jumped 76.3 percent to 502,253, amid continued job losses across sectors due to the imposed lockdown to curb the coronavirus spread.
2020-05-04

Austria Unemployment Rate
In Austria, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.