Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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35 February, 2021 Key Sources: https://www.ilo.org/ https://data.worldbank.org/ https://migrationdataportal.org/ https://www.un.org/development/desa/pd/ https://vivoclinic.com/ https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html https://www.thelocal.at/20210226/restaurants-schools-or-tighter-measures-what-will-austria-decide-on-monday/ https://www.thelocal.at/20210217/short-time-working-extended-until-end-of-june/ https://www.oenb.at/isaweb/report.do?lang=EN&report=7.17 Austria Total Workforce (000s) Jan '21 4,099 Unemployed Workers (000s) 467 Unemployment Rate 11.4% Youth Unemployment Rate 11.0% 1,582 4,188 1,498 169 1,338 231 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 2,338 2,332 2,264 2,231 2,318 4.5% 4.3% 4.9% 5.9% 5.7% 2,053 2,050 2,024 1,982 2,042 4.4% 4.1% 4.4% 5.4% 5.7% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 67.7% 67.1% 65.6% 65.2% 67.5% 56.3% 55.9% 55.4% 54.7% 56.6% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Participation Rate Female Participation Rate 19.3% of the population is foreign born. 600K Austrians have emigrated. The unemployment gap between foreign born and native born populations was 4.8 percentage points in 2019. 58% of the population live in urban areas. More than 8,500 Covid-19 deaths. Borders are closed to foreign nationals except those coming from the EU, Schengen and EU safe countries. Flights from UK, Brazil and South Africa are suspended. Retail shops and schools are open but restaurants and leisure sector is closed. 460K workers benefitting from furlough which has been extended to June. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands

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