Employment Rate in Mongolia decreased to 50.10 percent in the first quarter of 2021 from 52.70 percent in the fourth quarter of 2020. source: National Statistical office of Mongolia

Employment Rate in Mongolia averaged 55.87 percent from 2006 until 2021, reaching an all time high of 60.30 percent in the third quarter of 2012 and a record low of 50.10 percent in the first quarter of 2021. This page provides - Mongolia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Employment Rate - values, historical data and charts - was last updated on July of 2021.

Employment Rate in Mongolia is expected to be 55.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Mongolia to stand at 55.50 in 12 months time. In the long-term, the Mongolia Employment Rate is projected to trend around 55.50 percent in 2022, according to our econometric models.

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Mongolia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
50.10 52.70 60.30 50.10 2006 - 2021 percent Quarterly

Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.80 7.60 11.80 2.80 percent [+]
Unemployed Persons 101161.00 92085.00 153592.00 75309.00 [+]
Labor Force Participation Rate 54.90 57.00 64.80 54.90 percent [+]
Population 3.27 3.24 3.27 0.96 Million [+]
Employed Persons 1054889.00 1124564.00 1274700.00 852805.00 [+]
Employment Rate 50.10 52.70 60.30 50.10 percent [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Wages 1314.90 1328.10 1328.10 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1302.20 1256.80 1302.20 60.60 MNT Thousand/Month [+]