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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustriaAustria Employment Change fell to 301.7K in May 2026
FMPMonthlyReleased June 2026
Austria Employment Change fell to 301.7K in May 2026, released June 2026, down 18.6K from April's 320.3K reading.
Latest Release
301.700000
Actual
—
Consensus
320.300000
Previous
Sigmacast Track Record
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).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.57 | INDEX | Bullish S&P 500 | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Employment Change (Austria) was reported at 302 thousand in June 2026. The reading fell from the previous value of 320 thousand. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 325 thousand, ranging from 290 thousand to 380 thousand across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 327 thousand, down from the prior three at 354 thousand.
THE MODEL'S TAKE
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).
WHAT TO WATCH NEXT
The next release is scheduled for July 1, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Employment Change - AT
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About Employment Change — Austria
DEFINITION
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.
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 301.7 K. Prior reading (May 2026): 301.7 K. Before that (Apr 2026): 320.3 K.
WHAT'S NEXT
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 bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.57) — a useful reference for index-focused traders.