Mongolia Unemployment Rate - Forecast

Unemployment Rate in Mongolia is expected to be 8.80 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 9.40 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 7.3 8.8 8.9 7.7 9.4 7.3
Unemployed Persons 100300 102355 108280 107767 104426 103418
Labor Force Participation Rate 62.4 61.54 61.71 61.64 61.89 61.85
Population 3.12 3.13 3.14 3.16 3.17 3.36
Retirement Age Men 60 60 60 60 60 60
Retirement Age Women 60 60 60 55 60 60
Wages 956 945 941 936 933 891
Wages In Manufacturing 1059 1111 1079 1078 1097 1031
Employed Persons 1266900 1212876 1214597 1209309 1230962 1205306
Employment Rate 57.9 56.31 55.57 55.94 56.75 56.18