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Austria Employment Change fell to 306.6K in September 2026, released October 2026, down 4.8K from August's 311.4K 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 | −0.33 | 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 307 thousand in October 2026. The reading fell from the previous value of 311 thousand. Trailing 12-month context per ETL data through October 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 306 thousand, down from the prior three at 327 thousand. Volatility over the past year (σ 27 thousand) is comparable than the prior year (σ 25 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 November 2, 2026. Same-country events in the next 14 days include Unemployment Rate (Nov 2) and Unemployment Rate (Nov 2).
Auto-generated from current model state · Refreshes on each release · Last update October 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 (Sep 2026): actual 306.6 K. Prior reading (Sep 2026): 306.6 K. Before that (Aug 2026): 311.4 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 bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
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| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:30 | Unemployment Rate | 7.1 | 7.7 | 7.75 | High | ||
| 07:30 | Unemployed Persons | 306.6 | 312 | 315.00 | Low | ||
| 08:30 | Unemployed Persons | 306.6 | 312 | 315.00 | Low | ||
| 08:30 | Unemployment Rate | 7.1 | 7.7 | 7.75 | High | ||
| Tuesday, November 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 07:30 | Unemployment Rate | 7.1 | 7.7 | 7.75 | High | ||
| 07:30 | Unemployed Persons | 306.6 | 312 | 315.00 | Low | ||
| Wednesday, November 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:00 | Harmonised Inflation Rate YoY | 3.6 | 3.6 | 3.60 | Low | ||
| 08:00 | Inflation Rate MoM | 0.2 | 0.4 | 0.40 | Low | ||
| 08:00 | Inflation Rate YoY | 3.6 | 3.6 | 3.60 | Low | ||
| 08:00 | Harmonised Inflation Rate MoM | 0.7 | 0.5 | 0.50 | Low | ||