FX.co ★ Austria’s Unemployment Rises in August, Topping 311,000 as Labor Market Softens

Austria recorded a notable increase in unemployment in August 2026, with the number of jobless rising to 311.4K from 298.9K in July 2026. The latest figures, updated on 1 September 2026, signal a visible softening in the labor market over the month.

The August reading marks an uptick of 12.5K unemployed compared with July, suggesting emerging pressure on employment conditions in the Austrian economy. While no sector data were provided, the headline increase in total unemployment points to a cooling trend that investors and policymakers are likely to watch closely heading into the autumn period.