Serbia's unemployment rate edged up to 9.1% in the last quarter of 2023, slightly higher than the 9.0% in the previous three-month period and compared with 9.4% in the same period of 2022. The number of unemployed people rose by 0.9% from the previous quarter to 288.2 thousand, and employment fell by 0.6% to 2.87 million. The labor force participation rate decreased by 0.2 percentage points to 55.6%, and the employment rate decreased by the same margin to 50.5%. source: Statistical Office of the Republic of Serbia
Unemployment Rate in Serbia increased to 9.10 percent in the fourth quarter of 2023 from 9 percent in the third quarter of 2023. Unemployment Rate in Serbia averaged 14.73 percent from 2008 until 2023, reaching an all time high of 25.50 percent in the first quarter of 2012 and a record low of 7.90 percent in the second quarter of 2020. This page provides - Serbia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2024.
Unemployment Rate in Serbia increased to 9.10 percent in the fourth quarter of 2023 from 9 percent in the third quarter of 2023. Unemployment Rate in Serbia is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Unemployment Rate is projected to trend around 8.70 percent in 2025 and 8.90 percent in 2026, according to our econometric models.