Albania Employed Persons - Forecast

Employed Persons in Albania is expected to be 1101.66 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Albania to stand at 1091.40 in 12 months time. In the long-term, the Albania Employed Persons is projected to trend around 1055.71 Thousand in 2020, according to our econometric models.


Albania Employed Persons
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Albania Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 13.6 13.6 13.2 13 13 11.5
Employed Persons 1103 1102 1099 1095 1091 1056
Unemployed Persons 86 80.1 79.39 79.93 81.6 137
Labor Force Participation Rate 67.1 66.37 65.9 65.35 64.86 64.4
Wages 60650 61964 62076 62213 62268 61631
Minimum Wages 24000 24000 24000 24000 24000 25000
Population 2.88 2.88 2.88 2.88 2.88 2.85
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Youth Unemployment Rate 26 26.16 26.36 26.64 27.03 28.16
Employment Rate 57.7 56.89 56.4 55.64 54.97 54.37