Labor Force Participation Rate in Austria decreased to 61.30 percent in the fourth quarter of 2021 from 61.90 percent in the third quarter of 2021. source: EUROSTAT

Labor Force Participation Rate in Austria averaged 60.05 percent from 1998 until 2021, 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. Austria Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2022.

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. In the long-term, the Austria Labor Force Participation Rate is projected to trend around 61.37 percent in 2023 and 61.35 percent in 2024, according to our econometric models.

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Austria Labor Force Participation Rate

Related Last Previous Unit Reference
Long Term Unemployment Rate 1.60 1.90 percent Dec 2021
Youth Unemployment Rate 8.40 11.70 percent May 2022
Labour Costs 121.11 135.47 points Mar 2022
Population 8.90 8.86 Million Dec 2020
Productivity 104.67 105.02 points Mar 2022
Part Time Employment 1259.00 1241.10 Thousand Dec 2021
Labor Force Participation Rate 61.30 61.90 percent Dec 2021
Full Time Employment 3047.00 3081.40 Thousand Dec 2021
Employment Rate 73.50 74.00 percent Dec 2021
Employment Change 0.40 1.40 percent Dec 2021