Employment Rate in Macedonia increased to 47.05 percent in the first quarter of 2021 from 46.84 percent in the fourth quarter of 2020. source: State Statistical Office of the Republic of Macedonia

Employment Rate in Macedonia averaged 40.17 percent from 2004 until 2021, reaching an all time high of 48.10 percent in the first quarter of 2020 and a record low of 31.20 percent in the fourth quarter of 2004. This page provides - Macedonia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Employment Rate - values, historical data and charts - was last updated on October of 2021.

Employment Rate in Macedonia is expected to be 44.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Employment Rate is projected to trend around 44.81 percent in 2022 and 44.83 percent in 2023, according to our econometric models.

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Macedonia Employment Rate

Macedonia Last Unit Reference Previous Highest Lowest
Unemployment Rate 15.90 percent Jun/21 16.00 38.70 15.90
Unemployed Persons 150141.00 Jun/21 150843.00 330724.00 150141.00
Employed Persons 795271.00 Jun/21 793121.00 811106.00 498867.00
Wages 42627.00 MKD/Month Aug/21 42627.00 42950.00 20029.00
Wages In Manufacturing 35895.00 MKD/Month Jun/21 35794.00 36741.00 15955.00
Labor Force Participation Rate 56.00 percent Jun/21 56.00 57.80 50.30
Job Vacancies 8977.00 Jun/21 7878.00 9100.00 4604.00
Employment Rate 47.30 percent Jun/21 47.05 48.10 31.20

Macedonia Employment Rate
In Macedonia, the employment rate measures the number of people who have a job as a percentage of the working age population.