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Austria Employment Change climbed to 311.4K in August 2026, released September 2026, up 12.5K from July's 298.9K reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.39 | INDEX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Employment Change (Austria) was reported at 311 thousand in September 2026. The reading rose from the previous value of 299 thousand. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 327 thousand, ranging from 299 thousand to 380 thousand across 10 releases.
The trailing three releases averaged 304 thousand, down from the prior three at 353 thousand. Volatility over the past year (σ 28 thousand) is comparable than the prior year (σ 26 thousand).
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with XAU/USD, negatively correlated (Bearish XAU).
The next release is scheduled for October 1, 2026.
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
Employment Change is a key economic indicator that measures the net change in the number of people employed in a given period of time. It provides valuable insights into the health of the job market and overall economic growth. A positive employment change indicates an increase in job opportunities, while a negative change suggests a decline in employment. This indicator is closely monitored by policymakers, investors, and businesses to make informed decisions and assess the current state of the economy.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Aug 2026): actual 311.4 K. Prior reading (Aug 2026): 311.4 K. Before that (Jul 2026): 298.9 K.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
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| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | Inflation Rate YoY | 3.2 | 2.8 | 3.2 | 3.20 | Low | |
| 07:00 | Inflation Rate MoM | 0.6 | 0 | 0.6 | 0.60 | Low | |
| 07:00 | Harmonised Inflation Rate YoY | 2.9 | 2.7 | 2.9 | 2.90 | Low | |
| 07:00 | Harmonised Inflation Rate MoM | 0.5 | -0.4 | 0.5 | 0.50 | Low | |