Long Term Unemployment Rate in Macedonia decreased to 12 percent in the fourth quarter of 2019 from 12.40 percent in the third quarter of 2019.
Long Term Unemployment Rate in Macedonia averaged 23.27 percent from 2006 until 2019, reaching an all time high of 30.90 percent in the third quarter of 2006 and a record low of 11.90 percent in the second quarter of 2019. This page provides - Macedonia Long Term Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Long Term Unemployment Rate - values, historical data and charts - was last updated on July of 2020.
Long Term Unemployment Rate in Macedonia is expected to be 13.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Macedonia to stand at 13.70 in 12 months time. In the long-term, the Macedonia Long Term Unemployment Rate is projected to trend around 13.70 percent in 2021 and 11.70 percent in 2022, according to our econometric models.