Unemployment in Austria
The unemployment rate averaged 5.7% in the decade leading to 2022, below the 9.2% average for the Euro Area. The unemployment rate in Austria in 2022 was 4.8%. For more unemployment information, visit our dedicated page.
Austria Unemployment Chart
Note: This chart displays Unemployment Rate for Austria from 2014 to 2023.
Source: Macrobond.
Austria Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 4.8 | 6.1 | 6.2 | 4.7 | 5.1 |
| Unemployment (% of active population, eop) | 4.5 | 6.8 | 4.9 | 4.9 | 5.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Austrian unemployment projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Austrian unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Austrian unemployment projections.
Want to get access to the full dataset of Austrian unemployment forecasts? Send an email to info@focus-economics.com.