North Macedonia Jobless Rate Falls to 11.7% in Q1
2025-06-05 10:33
By
Judith Sib-at
1 min. read
The unemployment rate in North Macedonia declined to 11.7% in the first quarter of 2025 from 12.9% in the same period last year.
This marked the lowest jobless rate on record, as the number of unemployed persons dropped by 9.0 thousand to 92.6 thousand.
Meanwhile, the employment rate increased to 46.3% from 45.4%, with the number of employed individuals rising by 15.1 thousand to 702.4 thousand.
The labor force participation rate ticked up to 52.4% from 52.1% a year ago.