The unemployment Rate in North Macedonia decreased to 14.3 percent in the third quarter of 2022 from 14.5 percent in the previous period, as the number of unemployed declined by 2.0 thousand to 115.3 thousand and the number of employed was little-changed at 693.1 thousand. The employment rate was flat at 47.3 percent, while the activity rate edged down to 55.2 percent from 55.3 percent. source: State Statistical Office of the Republic of Macedonia
Unemployment Rate in Macedonia averaged 28.17 percent from 1993 until 2022, reaching an all time high of 38.70 percent in the first quarter of 2005 and a record low of 14.30 percent in the third quarter of 2022. This page provides - Macedonia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. North Macedonia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.
Unemployment Rate in Macedonia is expected to be 14.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Unemployment Rate is projected to trend around 13.10 percent in 2023, according to our econometric models.