The unemployment rate in Moldova declined to 2.9 percent in the fourth quarter of 2018 from 3.3 percent in the corresponding period of the previous year. The number of unemployed persons fell by 6.1 thousand to 34.2 thousand and the number of employed rose by 6.3 thousand to 1,163.6 thousand. Meanwhile, the labour force participation rate fell to 40.2 percent from 40.6 percent a year earlier. The unemployment rate for men was 3.6 percent and for women it was 2.1 percent. The rate was significantly higher in urban areas (4 percent) than in rural areas (1.9 percent). Among young people (15-24 years), the jobless rate was recorded at 5.5 percent, compared to 11.8 percent in Q4 2017. In the third quarter, unemployment rate was lower at 2.2 percent. Unemployment Rate in Moldova averaged 6.03 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 2.20 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 2.80 in 12 months time. In the long-term, the Moldova Unemployment Rate is projected to trend around 2.70 percent in 2020, according to our econometric models.

Moldova Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-04 11:00 AM Unemployment Rate Q1 4.1% 3.3% 6%
2018-09-03 11:00 AM Unemployment Rate Q2 3% 4.1% 3.3%
2018-12-04 12:00 PM Unemployment Rate Q3 2.2% 3% 3.2%
2019-03-06 12:00 PM Unemployment Rate Q4 2.9% 2.2% 4.20%
2019-09-25 11:00 AM Unemployment Rate Q2 2.9%
2019-09-25 11:00 AM Unemployment Rate Q1 2.9% 3.8%
2019-12-04 12:00 PM Unemployment Rate Q3 2.2%


Moldova Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.90 2.20 13.00 2.20 percent [+]
Unemployed Persons 34.20 30.40 169.60 30.40 Thousand [+]
Labor Force Participation Rate 40.20 47.20 61.40 37.00 percent [+]
Wages 7302.60 6923.00 7302.60 329.60 MDL/Month [+]
Wages in Manufacturing 6558.20 5984.50 6558.20 563.00 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 1163.60 1377.30 1568.30 1022.60 Thousand [+]
Employment Rate 39.00 46.20 56.70 34.30 percent [+]
Youth Unemployment Rate 5.50 6.00 37.00 5.50 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.20 13.00 2.20 2000 - 2018 percent Quarterly
NSA




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.60 Jun/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.30 Aug/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Aug/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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