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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustriaAustria Unemployed Persons climbed to 298.9K in July 2026
FMPMonthlyReleased August 2026
Austria Unemployed Persons climbed to 298.9K in July 2026, released August 2026, up 3.4K from June's 295.5K reading. The reading matched the 292.9K consensus. The print is running well below the 12-month average of 329.19K. Over the past 3 months, Unemployed Persons averaged 301.7K, vs 333.5K in the prior 3-month window. Unemployed Persons is now the lowest in 11 months.
Latest Release
298.9
Actual
292.9
Consensus
295.5
Previous
Median Absolute Error
±7.17 thousand
across last 12 releases
Last Call
Aug 2026
Predicted: 284.2
Actual: 298.9
Error: -14.7
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.44 | INDEX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Unemployed Persons (Austria) was reported at 299 thousand in August 2026. This beat the market consensus of 293 thousand by 6 thousand. The reading rose from the previous value of 296 thousand. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 326 thousand, ranging from 299 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 308 thousand, down from the prior three at 367 thousand. Volatility over the past year (σ 29 thousand) is comparable than the prior year (σ 28 thousand). In August readings over the past 3 years, Unemployed Persons has averaged 288 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). Over the last 12 releases, the Sigmacast model's median absolute error is 7 thousand.
WHAT TO WATCH NEXT
The next release is scheduled for September 1, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Unemployed Persons - AT
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About Unemployed Persons — Austria
DEFINITION
Unemployed Persons is a financial indicator that measures the number of individuals who are currently without a job but are actively seeking employment. This data is used to assess the overall health of the labor market and can provide insights into the state of the economy. A high number of unemployed persons may indicate a weak job market, while a low number may suggest a strong economy with ample job opportunities. This indicator is closely monitored by policymakers, businesses, and investors to make informed decisions about economic policies, hiring practices, and investment strategies.
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 (Jul 2026): actual 298.9 K, consensus 292.9 K. Prior reading (May 2026): 301.7 K. Before that (May 2026): 301.7 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=0.44) — a useful reference for index-focused traders.
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Economic Calendar - AT Events
| Thursday, August 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | AT | S&P Global Manufacturing PMI | 51.5 | 51 | 51.50 | Low | |
| Friday, August 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 07:00 | AT | Producer Price Index YoY | 3.1 | 3.6 | 3.60 | Low | |
| 07:00 | AT | Producer Price Index MoM | 0.1 | 0.7 | 0.70 | Low | |