Mongolia Unemployment Rate  1990-2017 | Data | Chart | Calendar | Forecast

The unemployment rate in Mongolia decreased to 9.6 percent in the second quarter of 2017 compared to 10.4 percent a year ago. The number of unemployed persons fell by 100 thousand to 131.8 thousand and employed went up by 105.9 thousand to 1.237,7 million. As a result, the labor force participation rate increased by 1.4 percentage points to 61.6 percent. Unemployment Rate in Mongolia averaged 6.68 percent from 1990 until 2017, reaching an all time high of 11.60 percent in the first quarter of 2016 and a record low of 2.80 percent in the fourth quarter of 2007.

Mongolia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-02-15 09:10 AM Unemployment Rate 8.6% 9.4% 10.5%
2017-05-15 08:00 AM Unemployment Rate 9.1% 8.6% 10.2%
2017-08-15 08:00 AM Unemployment Rate 9.6% 9.1% 8.2%
2017-11-16 08:00 AM Unemployment Rate 9.6% 7.8%


Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.60 9.10 11.60 2.80 percent [+]
Unemployed Persons 131800.00 115300.00 143548.00 75309.00 [+]
Labor Force Participation Rate 61.60 59.50 64.80 59.20 percent [+]
Population 3.12 3.06 3.12 0.96 Million [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 60.00 55.00 60.00 55.00 [+]
Employed Persons 1237700.00 1147000.00 1237700.00 852805.00 [+]
Employment Rate 55.60 54.00 60.30 52.80 percent [+]
Wages 959.10 942.90 959.10 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1014.46 999.20 1014.46 60.60 MNT Thousand/Month [+]


Mongolia Unemployment Rate

In Mongolia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Mongolia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.60 9.10 11.60 2.80 1990 - 2017 percent Quarterly




unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 12.60 Aug/17
Italy 11.20 Aug/17
Turkey 10.70 Jul/17
France 9.50 Jun/17
Euro Area 9.10 Aug/17
Canada 6.20 Sep/17
Australia 5.60 Aug/17
Indonesia 5.33 Mar/17
India 4.90 Dec/13
Russia 4.90 Aug/17
Netherlands 4.70 Aug/17
United Kingdom 4.30 Jul/17
United States 4.20 Sep/17
China 3.95 Jun/17
South Korea 3.80 Aug/17
Germany 3.60 Aug/17
Mexico 3.50 Aug/17
Switzerland 3.00 Sep/17
Japan 2.80 Aug/17