Employment Rate in Macedonia increased to 47.40 percent in the third quarter of 2019 from 47.13 percent in the second quarter of 2019. Macedonia Employment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Employment Rate in Macedonia averaged 39.50 percent from 2004 until 2019, reaching an all time high of 47.40 percent in the third quarter of 2019 and a record low of 31.20 percent in the fourth quarter of 2004. This page provides - Macedonia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Macedonia is expected to be 44.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Macedonia to stand at 44.78 in 12 months time. In the long-term, the Macedonia Employment Rate is projected to trend around 44.81 percent in 2021 and 44.83 percent in 2022, according to our econometric models.

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Macedonia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
47.40 47.13 47.40 31.20 2004 - 2019 percent Quarterly

Macedonia Employment Rate
In Macedonia, the employment rate measures the number of people who have a job as a percentage of the working age population.