Macedonia Employed Persons - Forecast

Employed Persons in Macedonia is expected to be 739789.93 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Macedonia to stand at 739832.43 in 12 months time. In the long-term, the Macedonia Employed Persons is projected to trend around 732683.41 in 2020, according to our econometric models.


Macedonia Employed Persons
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Macedonia Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 22.1 21.7 21.5 21.9 20.4 16.5
Employed Persons 743451 739790 740319 740941 739832 732683
Unemployed Persons 211363 211905 211915 212986 213578 221621
Wages 34079 34084 34063 34042 34020 33768
Population 2.07 2.08 2.08 2.08 2.08 2.09
Wage Growth 1 1.21 1.56 1.82 1.97 1.85
Job Vacancies 7586 7022 6738 6442 6225 6530
Labor Force Participation Rate 56.82 56.64 56.68 56.65 56.58 56.28
Long Term Unemployment Rate 17.5 17.66 17.68 17.8 17.93 19.49
Minimum Wages 231 240 240 240 240 260
Part Time Employment 24.5 36.82 36.42 35.3 34.64 34.61
Full Time Employment 711 705 707 708 706 698
Employment Rate 44.24 43.92 43.99 44.03 43.94 43.54