Serbia Employed Persons - Forecast

Employed Persons in Serbia is expected to be 2954877.16 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 2956857.01 in 12 months time. In the long-term, the Serbia Employed Persons is projected to trend around 2956845.33 in 2020, according to our econometric models.


Forecast Data Chart
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Serbia Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 11.9 12.5 12.3 12.5 12.7 10
Employed Persons 2896800 2954877 2957202 2956781 2956857 2956845
Unemployed Persons 574 579 580 580 579 580
Wages 49202 56000 50000 49446 49455 60000
Minimum Wages 283 285 340 299 299 380
Population 7 7 6.94 6.94 6.94 6.89
Retirement Age Women 62 62 62.5 62 62 63
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 55.2 56.23 54.58 55.65 57.32 57.68
Labour Costs 104 105 105 105 105 105
Employment Rate 48.6 49.57 49.6 49.6 49.6 49.6
Youth Unemployment Rate 27.5 32.22 31.08 27.35 28.78 29.97