Albania Employed Persons - Forecast

Employed Persons in Albania is expected to be 1128.28 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 1127.70 in 12 months time. In the long-term, the Albania Employed Persons is projected to trend around 1127.62 Thousand in 2020, according to our econometric models.


Albania Employed Persons
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Albania Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 13 13.2 13 13 12.7 11.5
Employed Persons 1128 1128 1129 1128 1128 1128
Unemployed Persons 85 86.77 90.05 94.43 99.58 129
Labor Force Participation Rate 68 67.96 67.69 67.43 67.08 64.95
Wages 59728 61200 61300 61500 61800 64000
Minimum Wages 24000 24000 24000 24000 25000 25000
Population 2.88 2.89 2.89 2.89 2.89 2.85
Retirement Age Women 60.67 60.67 60.67 60.67 60.83 61
Retirement Age Men 65 65 65 65 65 65
Youth Unemployment Rate 24.5 24.73 23.83 23.56 23.88 22.89
Employment Rate 59.2 59.51 59.66 59.92 59.95 59.92