The number of employed persons in Serbia decreased to 2844200 in the second quarter of 2020 from 2877400 in the first quarter of 2020.

Employed Persons in Serbia averaged 2644820.34 from 2008 until 2020, reaching an all time high of 2938700 in the third quarter of 2019 and a record low of 2157618 in the first quarter of 2012. This page provides - Serbia Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Employed Persons - values, historical data and charts - was last updated on October of 2020.

Employed Persons in Serbia is expected to be 2911217.18 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Serbia to stand at 2911378.84 in 12 months time. In the long-term, the Serbia Employed Persons is projected to trend around 2911386.39 in 2021 and 2911386.40 in 2022, according to our econometric models.

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Serbia Employed Persons

Actual Previous Highest Lowest Dates Unit Frequency
2844200.00 2877400.00 2938700.00 2157618.00 2008 - 2020 Quarterly
Volume, NSA

Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 9.70 25.50 7.30 percent [+]
Employed Persons 2844200.00 2877400.00 2938700.00 2157618.00 [+]
Unemployed Persons 508.32 518.00 970.00 500.64 Thousand [+]
Wages 60029.00 59740.00 60029.00 3821.00 RSD/Month [+]
Minimum Wages 307.67 308.04 308.04 230.14 EUR/Month [+]
Population 6.96 7.00 7.63 6.96 Million [+]
Retirement Age Women 62.00 61.50 62.00 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 52.00 54.00 55.50 46.10 percent [+]
Labour Costs 109.80 111.43 135.35 65.44 points [+]
Employment Rate 48.20 48.70 49.70 34.30 percent [+]
Youth Unemployment Rate 25.50 29.10 54.20 24.40 percent [+]
Wage Growth 6.30 7.80 94.60 -8.80 percent [+]


Serbia Employed Persons
In Serbia, employed persons are individuals with a minimum required age who work during a certain time for a business.