Palestine Unemployment Rate - Forecast

Unemployment Rate in Palestine is expected to be 29.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Palestine to stand at 29.30 in 12 months time. In the long-term, the Palestine Unemployment Rate is projected to trend around 24.90 percent in 2020, according to our econometric models.


Palestine Unemployment Rate
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Palestine Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 30.2 29.4 26.3 29.5 29.3 24.9
Population 4.95 5.02 5.06 5.08 5.11 5.36
Unemployed Persons 404800 404763 386356 404725 386393 386576
Youth Unemployment Rate 49.6 46.01 44.92 48.41 45.87 46.37
Labor Force Participation Rate 45.4 45.49 44.56 45.3 44.64 44.88
Full Time Employment 914600 949347 946117 922537 949341 919145