Macedonia Unemployed Persons  Forecast


Macedonia Unemployed Persons
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Unemployed Persons in Macedonia is expected to be 216836.17 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Macedonia to stand at 219172.40 in 12 months time. In the long-term, the Macedonia Unemployed Persons is projected to trend around 228920.86 in 2020, according to our econometric models.


Macedonia Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 22.1 21.9 21.7 21.5 21.9 16.5
Employed Persons 743451 738636 737370 738407 738469 732268
Unemployed Persons 211363 216836 217155 218264 219172 228921
Wages 34127 33962 33934 33912 33890 33697
Population 2.07 2.07 2.08 2.08 2.08 2.09
Job Vacancies 7580 7573 7178 6888 6548 6555
Labor Force Participation Rate 56.82 56.6 56.62 56.66 56.6 56.33
Long Term Unemployment Rate 18.1 18.19 18.39 18.53 18.69 20.01
Minimum Wages 231 234 233 231 231 219
Part Time Employment 29.1 35.35 35.57 35.02 34.87 34.76
Full Time Employment 704 686 688 687 685 680
Employment Rate 44.24 43.97 43.86 43.95 43.98 43.61
Wage Growth 1 2.05 1.95 1.9 1.87 1.92