35
Q4 2021
Total Labor Force (000s)
4,144
Employed Workers (000s) 3,874
Unemployed Workers (000s) 269
Unemployment Rate 6.5%
Austria
4,227
3,988
3,765
3,755
3,874
Q4
2019
Q2 2020 Q4 2020 Q2 2021 Q4 2021
7.0%
12.8%
8.7% 8.7%
6.5%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
70% - First Vaccine Dose
(December 2021)
Covid Update
Vaccines are to be
mandated from February
– during November
lockdown was introduced
for the unvaccinated.
A green pass (Tested,
Vaccinated or Recovered)
is required for access to
many entertainment and
service areas.
30%
25%
20%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Austria Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$3,367
$4,196
$9.89
$0
$5
$10
$15
$0
$2,500
$5,000
$7,500
Average Wage Manufacturing
Wage
Minimum Wage
Austria Regional Average
Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
Hiring Demand Trend by Experience Level
TalentNeuron
Monthly Hourly
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
https://ec.europa.eu/eurostat
https://www.oenb.at/