Employment Rate in Albania decreased to 61.40 percent in the first quarter of 2020 from 61.60 percent in the fourth quarter of 2019.

Employment Rate in Albania averaged 55.58 percent from 2012 until 2020, 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 August of 2020.

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 2021 and 56.18 percent in 2022, according to our econometric models.

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Albania Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.40 61.60 61.60 47.10 2012 - 2020 percent Quarterly
NSA

Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.90 11.60 22.30 11.60 percent [+]
Employed Persons 1134.00 1154.00 1162.00 892.00 Thousand [+]
Unemployed Persons 67.00 71.00 301.00 64.00 Thousand [+]
Labor Force Participation Rate 69.60 69.70 69.80 57.90 percent [+]
Wages 53232.00 53458.00 53458.00 3084.00 ALL/Month [+]
Minimum Wages 26000.00 26000.00 26000.00 1200.00 ALL/Month [+]
Population 2.86 2.87 3.37 1.58 Million [+]
Retirement Age Women 60.67 60.50 60.67 50.00 [+]
Retirement Age Men 65.00 65.00 65.00 55.00 [+]
Youth Unemployment Rate 20.00 21.40 34.20 20.00 percent [+]
Employment Rate 61.40 61.60 61.60 47.10 percent [+]