Labor Force Participation Rate in Austria decreased to 60.80 percent in the first quarter of 2021 from 61 percent in the fourth quarter of 2020. source: EUROSTAT

Labor Force Participation Rate in Austria averaged 60.01 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 August of 2021.

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 2022 and 61.35 percent in 2023, according to our econometric models.

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Austria Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
60.80 61.00 62.10 57.30 1998 - 2021 percent Quarterly
NSA

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 7.00 12.80 0.80 percent [+]
Employed Persons 3922.00 3856.00 3922.00 2302.70 Thousand [+]
Unemployed Persons 282685.00 288862.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 2.30 1.50 2.30 0.90 percent [+]
Youth Unemployment Rate 11.00 12.60 13.40 5.00 percent [+]
Labour Costs 120.00 131.90 139.70 83.80 points [+]
Job Vacancies 108966.00 97632.00 108966.00 11240.00 [+]
Wages 2847.25 2768.40 2847.25 1866.40 EUR/Month [+]
Wages in Manufacturing 112.80 112.80 112.80 54.87 points [+]
Population 8.90 8.86 8.90 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 60.80 61.00 62.10 57.30 percent [+]
Productivity 102.30 105.80 105.80 75.50 points [+]
Part Time Employment 1153.80 1168.60 1184.60 553.50 Thousand [+]
Full Time Employment 2965.10 3087.30 3154.10 2796.40 Thousand [+]
Employment Change -0.40 0.00 3.00 -4.20 percent [+]
Employment Rate 70.50 72.80 74.20 65.30 percent [+]