The unemployment rate in Moldova increased to 4.3 percent in the fourth quarter of 2019 from 4.0 percent in the previous three-month period. The number of unemployed persons fell by 0.3 thousand to 38.1 thousand while employment decreased by 60.1 thousand to 849.7 thousand. By genders, the unemployment rate for men was 4.5 percent and for women it was 4.0 percent. The rate was higher in urban areas (4.5 percent) than in rural areas (4.1 percent).
Unemployment Rate in Moldova averaged 5.99 percent from 2000 until 2019, reaching an all time high of 13 percent in the first quarter of 2006 and a record low of 2.20 percent in the third quarter of 2018. This page provides - Moldova Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Moldova Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020.
Unemployment Rate in Moldova is expected to be 7.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Moldova to stand at 10.00 in 12 months time. In the long-term, the Moldova Unemployment Rate is projected to trend around 8.00 percent in 2021 and 4.80 percent in 2022, according to our econometric models.