Employment Rate in Albania decreased to 59 percent in the first quarter of 2021 from 60.20 percent in the fourth quarter of 2020. source: Instituti i Statistikave (INSTAT)

Employment Rate in Albania averaged 56.06 percent from 2012 until 2021, reaching an all time high of 61.60 percent in the fourth quarter of 2019 and a record low of 47.10 percent in the first quarter of 2014. This page provides - Albania Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Employment Rate - values, historical data and charts - was last updated on July of 2021.

Employment Rate in Albania is expected to be 56.01 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Albania to stand at 56.04 in 12 months time. In the long-term, the Albania Employment Rate is projected to trend around 56.16 percent in 2022 and 56.18 percent in 2023, according to our econometric models.

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Albania Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.00 60.20 61.60 47.10 2012 - 2021 percent Quarterly
NSA

Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.60 12.30 22.30 11.60 percent [+]
Employed Persons 1108.00 1145.00 1162.00 892.00 Thousand [+]
Unemployed Persons 95.00 91.00 301.00 64.00 Thousand [+]
Labor Force Participation Rate 67.50 68.70 69.80 57.90 percent [+]
Wages 56019.00 54951.00 56019.00 3084.00 ALL/Month [+]
Minimum Wages 30000.00 26000.00 30000.00 1200.00 ALL/Month [+]
Population 2.85 2.86 3.37 1.58 Million [+]
Retirement Age Women 61.17 61.00 61.17 50.00 [+]
Retirement Age Men 65.00 65.00 65.00 55.00 [+]
Youth Unemployment Rate 23.30 21.70 34.20 20.00 percent [+]
Employment Rate 59.00 60.20 61.60 47.10 percent [+]