Serbia Employed Persons  Forecast


Serbia Employed Persons
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Employed Persons in Serbia is expected to be 2691494.57 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 2732437.33 in 12 months time. In the long-term, the Serbia Employed Persons is projected to trend around 2566505.47 in 2020, according to our econometric models.


Serbia Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 12.9 11.7 12.2 11.5 11.6 9.6
Employed Persons 2881900 2691495 2722241 2827448 2732437 2566505
Unemployed Persons 623 626 633 640 648 696
Wages 46879 47359 47617 47387 47454 47199
Minimum Wages 250 240 232 229 231 235
Population 7.04 7.04 7.01 7.01 7.01 6.95
Retirement Age Women 61.6 62 62 62 62 62
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 54.5 54.35 52.96 54.17 55.38 52.84
Labour Costs 101 103 103 103 103 103
Employment Rate 48.1 48.06 47.37 49.58 49.79 45.89
Youth Unemployment Rate 28.9 32.08 32.8 28.98 30.33 34.18