Employment Rate in Serbia increased to 48.30 percent in the second quarter of 2021 from 46.30 percent in the first quarter of 2021. source: Statistical Office of the Republic of Serbia

Employment Rate in Serbia averaged 44 percent from 2008 until 2021, reaching an all time high of 49.90 percent in the third quarter of 2020 and a record low of 34.30 percent in the first quarter of 2012. This page provides - Serbia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Employment Rate - values, historical data and charts - was last updated on October of 2021.

Employment Rate in Serbia is expected to be 49.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Employment Rate is projected to trend around 49.60 percent in 2022, according to our econometric models.

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Serbia Employment Rate


Serbia Last Unit Reference Previous Highest Lowest
Unemployment Rate 11.10 percent Jun/21 12.80 25.50 7.90
Unemployed Persons 506.09 Thousand Aug/21 518.52 970.00 491.35
Employed Persons 2831100.00 Jun/21 2722200.00 2938700.00 2157618.00
Wages 64731.00 RSD/Month Jul/21 65070.00 66092.00 3821.00
Labour Costs 97.28 points Jul/21 99.37 135.28 64.88
Youth Unemployment Rate 22.20 percent Jun/21 32.20 54.20 20.70
Wage Growth 8.90 percent Jun/21 10.40 94.60 -8.80
Labor Force Participation Rate 54.30 percent Jun/21 53.10 55.50 46.10
Employment Rate 48.30 percent Jun/21 46.30 49.90 34.30


Serbia Employment Rate
In Serbia, the employment rate measures the number of people who have a job as a percentage of the working age population.