Mongolia Unemployment Rate

Unemployment Rate in Mongolia decreased to 10.10 percent in the second quarter of 2019 from 11.80 percent in the first quarter of 2019. Unemployment Rate in Mongolia averaged 6.98 percent from 1990 until 2019, reaching an all time high of 11.80 percent in the first quarter of 2019 and a record low of 2.80 percent in the fourth quarter of 2007.

Unemployment Rate in Mongolia is expected to be 8.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Mongolia to stand at 8.80 in 12 months time. In the long-term, the Mongolia Unemployment Rate is projected to trend around 5.10 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-11-15	11:00 AM	Unemployment Rate Q3	6.9%	7.5%	8.1%
2019-02-15	10:20 AM	Unemployment Rate Q4	6.6%	6.9%	8.40%
2019-06-12	09:45 AM	Unemployment Rate Q1	11.8%	6.6%	8.5%
2019-08-16	08:15 AM	Unemployment Rate Q2	10.1%	11.8%	8.20%
2019-11-15	11:00 AM	Unemployment Rate Q3		10.1%	8.60%

Mongolia Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	10.10	11.80	11.80	2.80	percent	[+]
Unemployed Persons	131100.00	153592.00	153592.00	75309.00		[+]
Labor Force Participation Rate	60.80	60.70	64.80	59.20	percent	[+]
Population	3.24	3.18	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	1120.30	1031.80	1120.30	60.90	MNT Thousand/Month	[+]
Wages In Manufacturing	1183.80	1118.70	1183.80	60.60	MNT Thousand/Month	[+]
Employed Persons	1162200.00	1143129.00	1274700.00	852805.00		[+]
Employment Rate	54.60	53.50	60.30	52.80	percent	[+]

In Mongolia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Mongolia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	10.10	11.80	11.80	2.80	1990 - 2019	percent	Quarterly

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Country	Last		Previous	Range
South Africa	29.00	Jun/19	27.6	31.2 : 21.5	%
Spain	14.02	Jun/19	14.7	26.94 : 4.41	%
Turkey	12.80	May/19	13	14.8 : 7.3	%
Brazil	12.00	Jun/19	12.3	13.7 : 6.2	%
Argentina	10.10	Mar/19	9.1	20.8 : 5.9	%
Italy	9.70	Jun/19	9.8	13.1 : 5.8	%
France	8.50	Jun/19	8.7	10.7 : 7.2	%
Euro Area	7.50	Jun/19	7.6	12.1 : 7.3	%
India	6.00	Dec/18	5	8.3 : 3.53	%
Canada	5.70	Jul/19	5.5	13.1 : 2.9	%
Saudi Arabia	5.70	Mar/19	6	6.3 : 4.35	%
Australia	5.20	Jul/19	5.2	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.40	Jun/19	4.5	14.1 : 4.4	%
South Korea	4.00	Jul/19	4	7.1 : 3	%
United Kingdom	3.90	Jun/19	3.8	12 : 3.4	%
United States	3.70	Jul/19	3.7	10.8 : 2.5	%
China	3.61	Jun/19	3.67	4.3 : 3.61	%
Mexico	3.60	Jun/19	3.5	6.42 : 2.22	%
Netherlands	3.40	Jul/19	3.4	7.9 : 3.3	%
Germany	3.10	Jun/19	3.1	11.5 : 0.4	%
Japan	2.30	Jun/19	2.4	5.5 : 1	%
Singapore	2.20	Jun/19	2.2	6 : 1.4	%
Switzerland	2.10	Jul/19	2.1	5.7 : 1.5	%