The unemployment rate in Moldova declined to 2.2 percent in the third quarter of 2018 from 3.4 percent in the corresponding period of the previous year. It was the lowest jobless rate since the series began in 2000, as the number of unemployed persons fell by 14.2 thousand to 30.4 thousand and the number of employed increased by 113.2 thousand to 1,377.3 thousand. The unemployment rate for men was 2.6 percent and for women it was 1.7 percent. The rate was significantly higher in urban areas (3.5 percent) than in rural areas (1.2 percent). Unemployment Rate in Moldova averaged 6.07 percent from 2000 until 2018, reaching an all time high of 13 percent in the first quarter of 2006 and a record low of 2.20 percent in the third quarter of 2018.

Unemployment Rate in Moldova is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Moldova to stand at 4.20 in 12 months time. In the long-term, the Moldova Unemployment Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.

Moldova Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-06 11:50 AM Unemployment Rate 3.3% 3.4% 3.7%
2018-06-04 11:00 AM Unemployment Rate 4.1% 3.3% 6%
2018-09-03 11:00 AM Unemployment Rate 3% 4.1% 3.3%
2018-12-04 12:00 PM Unemployment Rate 2.2% 3% 3.2%
2019-03-06 11:50 AM Unemployment Rate 2.2% 4.2%
2019-06-04 11:00 AM Unemployment Rate 4.1%
2019-09-03 11:00 AM Unemployment Rate 3.9%


Moldova Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.20 3.00 13.00 2.20 percent [+]
Unemployed Persons 40.90 48.30 169.60 38.70 Thousand [+]
Labor Force Participation Rate 47.20 46.40 61.40 37.00 percent [+]
Wages 6507.30 6369.80 6507.30 329.60 MDL/Month [+]
Wages in Manufacturing 6260.50 6020.00 6260.50 563.00 MDL/Month [+]
Population 3.55 3.55 4.36 3.55 Million [+]
Retirement Age Women 58.00 57.50 58.00 57.00 [+]
Retirement Age Men 63.00 62.50 63.00 62.00 [+]
Employed Persons 1343.40 1124.60 1568.30 1022.60 Thousand [+]
Employment Rate 46.20 45.00 56.70 34.30 percent [+]
Youth Unemployment Rate 7.80 10.40 37.00 6.90 percent [+]


Moldova Unemployment Rate

In Moldova, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Moldova Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Moldova Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 3.00 13.00 2.20 2000 - 2018 percent Quarterly
NSA




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.10 Aug/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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