The number of unemployed persons in Mongolia decreased to 105139 in the fourth quarter of 2019 from 126582 in the third quarter of 2019.

Unemployed Persons in Mongolia averaged 105176.20 from 2006 until 2019, reaching an all time high of 153592 in the first quarter of 2019 and a record low of 75309 in the third quarter of 2012. This page provides - Mongolia Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Unemployed Persons - values, historical data and charts - was last updated on July of 2020.

Unemployed Persons in Mongolia is expected to be 119000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Mongolia to stand at 120000.00 in 12 months time. In the long-term, the Mongolia Unemployed Persons is projected to trend around 120000.00 in 2021, according to our econometric models.

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Mongolia Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
105139.00 126582.00 153592.00 75309.00 2006 - 2019 Quarterly

Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.10 9.90 11.80 2.80 percent [+]
Unemployed Persons 105139.00 126582.00 153592.00 75309.00 [+]
Labor Force Participation Rate 60.70 60.10 64.80 59.20 percent [+]
Population 3.24 3.24 3.24 0.96 Million [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Wages 1166.40 1161.20 1166.40 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1195.70 1187.40 1196.80 60.60 MNT Thousand/Month [+]
Employed Persons 1188440.00 1155945.00 1274700.00 852805.00 [+]
Employment Rate 55.70 54.20 60.30 52.80 percent [+]