Macedonia Unemployment Rate - Forecast

Unemployment Rate in Macedonia is expected to be 21.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Macedonia to stand at 20.40 in 12 months time. In the long-term, the Macedonia Unemployment Rate is projected to trend around 16.50 percent in 2020, according to our econometric models.


Macedonia Unemployment Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



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 34266 34154 34133 34110 34088 33831
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 7580 7178 6888 6548 6297 6584
Labor Force Participation Rate 56.82 56.64 56.68 56.65 56.58 56.28
Long Term Unemployment Rate 18.1 18.39 18.53 18.69 18.86 20.49
Minimum Wages 231 240 240 240 240 260
Part Time Employment 29.1 35.57 35.02 34.87 34.74 34.76
Full Time Employment 704 698 700 699 697 690
Employment Rate 44.24 43.92 43.99 44.03 43.94 43.54