Mongolia Unemployment Rate - Forecast

Unemployment Rate in Mongolia is expected to be 8.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Mongolia to stand at 8.70 in 12 months time. In the long-term, the Mongolia Unemployment Rate is projected to trend around 7.30 percent in 2020, according to our econometric models.


Mongolia Unemployment Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Mongolia Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 9.7 8.9 8.7 9.4 8.7 7.3
Unemployed Persons 122900 116960 116967 116967 116967 116967
Labor Force Participation Rate 60.6 61.71 61.64 61.89 61.8 61.85
Population 3.18 3.15 3.16 3.17 3.18 3.35
Retirement Age Men 60 60 60 60 60 60
Retirement Age Women 55 60 55 60 55 60
Wages 998 1045 1040 1040 1080 1150
Wages In Manufacturing 1080 1280 1360 1450 1500 1650
Employed Persons 1142900 1258573 1189734 1251804 1195838 1230872
Employment Rate 57.9 56.52 56.11 56.28 56.21 56.23