The unemployment rate in Macedonia decreased to 17.1 percent in the third quarter 2019 from 17.5 percent in the previous period. It was the lowest jobless rate since series began in 2004, as the number of unemployed persons fell by 3,478 to 164,702 while employment rose by 5,263 to 799,546. Meantime, the labour force participation rate went up to 57.2 percent from 57.1 percent and employment rate increased to 47.4 percent from 47.1 percent.

Unemployment Rate in Macedonia averaged 30.20 percent from 1993 until 2019, reaching an all time high of 38.70 percent in the first quarter of 2005 and a record low of 17.10 percent in the third quarter of 2019. This page provides - Macedonia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Macedonia is expected to be 17.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Macedonia to stand at 16.20 in 12 months time. In the long-term, the Macedonia Unemployment Rate is projected to trend around 12.90 percent in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Macedonia Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
17.10 17.50 38.70 17.10 1993 - 2019 percent Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2019-03-08 11:00 AM Q4 19.4% 20.8% 20.40%
2019-06-07 10:00 AM Q1 17.8% 19.4% 20.00%
2019-09-06 10:00 AM Q2 17.5% 17.8% 17.5%
2019-12-06 11:00 AM Q3 17.1% 17.5% 17.2%
2020-03-06 11:00 AM Q4 17.1% 17%


News Stream
2019-09-06
Macedonia Jobless Rate Falls to Fresh All-time Low
The unemployment rate in Macedonia decreased to 17.5 percent in the second quarter of 2019 from 21.1 percent in the same period a year earlier. It was the lowest jobless rate since series began in 2004. The number of unemployed persons fell by 34.2 thousand to 168.2 thousand and the number of employed rose by 39.2 thousand to 794.3 thousand. Meanwhile, the labour force participation rate went up to 57.1 percent from 56.9 percent a year earlier and employment rate increased to 47.1 percent from 44.9 percent. In the first quarter of 2019, the unemployment rate was higher at 17.8 percent.

2019-06-07
Macedonia Jobless Rate at Record Low of 17.8% in Q1
The unemployment rate in Macedonia decreased to 17.8 percent in the first quarter of 2019 from 21.6 percent in the same period of the previous year. It was the lowest jobless rate since series began in 2004. The number of unemployed persons fell by 35.4 thousand to 171.3 thousand and the number of employed rose by 39.5 thousand to 789.4 thousand. Meanwhile, the labour force participation rate went up to 57.1 percent from 56.9 percent a year earlier and employment rate increased to 46.9 percent from 44.6 percent. In the last quarter of 2018, the unemployment rate was higher at 19.4 percent.

2019-03-08
Macedonia Jobless Rate Falls to 19.4% in Q4
The unemployment rate in Macedonia decreased to 19.4 percent in the fourth quarter of 2018 from 21.9 percent in the same period of the previous year. The number of unemployed persons fell by 22.7 thousand to 185.8 thousand and the number of employed rose by 26.6 thousand to 771.8 thousand. Meanwhile, the labour force participation rate increased to 56.9 percent in the three months to December from 56.8 percent and employment rate increased to 45.9 percent from 44.3 percent. In the third quarter of 2018, the jobless rate was higher at 20.8 percent.


Macedonia Unemployment Rate
In Macedonia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.