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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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
Employed Persons 1067 1066 1067 1066 1066 1066
Unemployed Persons 96 88.15 87.4 88.45 91.09 133
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