Montenegro Long Term Unemployment Rate - Forecast

Long Term Unemployment Rate in Montenegro is expected to be 11.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Montenegro to stand at 11.08 in 12 months time. In the long-term, the Montenegro Long Term Unemployment Rate is projected to trend around 11.71 percent in 2020, according to our econometric models.


Forecast Data Chart
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Montenegro Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 18 19 18.6 18.4 18.2 16.5
Employed Persons 198987 197909 194639 193788 193904 194012
Wages 761 776 780 782 762 800
Minimum Wages 288 288 288 288 288 288
Population 0.62 0.62 0.62 0.62 0.62 0.63
Wages In Manufacturing 605 653 657 660 615 690
Long Term Unemployment Rate 12.3 11.2 12.35 11.77 11.08 11.71