Albania Employed Persons  Forecast 2016-2020

Employed Persons in Albania is expected to be 1065.78 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 1065.59 in 12 months time. In the long-term, the Albania Employed Persons is projected to trend around 1065.63 Thousand in 2020, according to our econometric models.

Albania Employed Persons
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Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Employed Persons 1067 1066 1067 1066 1066 1066 Thousand
Albania Employed Persons Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Employed Persons using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Albania Employed Persons - was last predicted on Friday, July 21, 2017.



Albania Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 14.6 14 13.8 13.6 13.2 11.5
Unemployed Persons 96 88.15 87.4 88.45 91.09 133
Employed Persons 1067 1066 1067 1066 1066 1066
Labor Force Participation Rate 65.9 65.15 64.74 64.38 64.04 63.81
Wages 56500 56505 56667 57240 57583 60667
Minimum Wages 22000 22117 22150 22175 22213 22546
Population 2.88 2.88 2.88 2.87 2.87 2.85
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Youth Unemployment Rate 26.6 25.4 25.8 24.57 24.79 23.79
Employment Rate 56.3 56.32 56.25 56.37 56.22 56.23