Belarus Unemployment Rate - Forecast

Unemployment Rate in Belarus is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Belarus to stand at 0.40 in 12 months time. In the long-term, the Belarus Unemployment Rate is projected to trend around 1.10 percent in 2020, according to our econometric models.


Forecast Data Chart
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Belarus Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 0.4 0.4 0.5 0.4 0.4 1.1
Unemployed Persons 16.4 17.28 17.66 17.68 17.65 17.64
Employed Persons 4338 4334 4332 4330 4329 4323
Wages 988 1050 870 1092 1123 1160
Wage Growth 16.9 15.82 15.38 15.07 14.93 14.69
Minimum Wages 305 305 326 310 317 341
Population 9.49 9.49 9.47 9.47 9.47 9.45
Retirement Age Women 56 56 56.5 56 56 57
Retirement Age Men 61 61 61.5 61 61 62
Living Wage Family 650 650 670 650 650 670
Living Wage Individual 465 465 465 465 465 465
Wages High Skilled 581 595 595 558 556 610
Wages Low Skilled 386 397 397 390 390 410