Albania Unemployed Persons  Forecast 2016-2020

Unemployed Persons in Albania is expected to be 90.91 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Albania to stand at 88.45 in 12 months time. In the long-term, the Albania Unemployed Persons is projected to trend around 133.08 Thousand in 2020, according to our econometric models.

Albania Unemployed Persons
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Unemployed Persons 96 90.91 88.15 87.4 88.45 133 Thousand
Albania Unemployed Persons Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Unemployed 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 Unemployed Persons - was last predicted on Thursday, June 29, 2017.



Albania Labour Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 14.6 14.2 14 13.8 13.6 11.5
Unemployed Persons 96 90.91 88.15 87.4 88.45 133
Employed Persons 1067 1067 1066 1067 1066 1066
Labor Force Participation Rate 65.9 65.77 65.15 64.74 64.38 63.81
Wages 56500 56400 56505 56667 57240 60667
Minimum Wages 22000 22072 22117 22150 22175 22546
Population 2.88 2.88 2.88 2.88 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 26.1 25.4 25.8 24.57 23.79
Employment Rate 56.2 55.96 55.49 55.22 55.33 55.31