Macedonia Unemployment Rate  1993-2017 | Data | Chart | Calendar

Macedonia's unemployment rate decreased to 23.4 percent in the third quarter of 2016 from 25.5 percent in the same period of the previous year. It was the lowest reading since the series began in 1993, as the number of unemployed people fell by 8.7 percent to 221,959 and the number of employed rose by 2.3 percent to 727,985. Meanwhile, the labor force participation rate decreased to 56.6 percent compared to 56.9 percent a year ago. Unemployment Rate in Macedonia averaged 30.68 percent from 1993 until 2016, reaching an all time high of 37.30 percent in the fourth quarter of 2005 and a record low of 23.40 percent in the third quarter of 2016.

Macedonia Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-12-17 01:50 PM Q3 2013 28.7% 28.8% 28%
2016-09-09 12:00 PM Q2 24% 24.5% 24.3%
2016-12-09 12:00 PM Q3 23.4% 24% 23.7%
2017-03-09 12:00 PM Q4 23.4% 23.1%
2017-06-09 12:00 PM Q1 23%
2017-09-07 12:00 PM Q2 22.6%




Macedonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 23.40 24.00 37.30 23.40 percent [+]
Employed Persons 727985.00 720674.00 727985.00 498867.00 [+]
Unemployed Persons 221959.00 227702.00 330724.00 221959.00 [+]
Wages 34374.00 32877.00 34374.00 20029.00 MKD/Month [+]
Population 2.07 2.07 2.10 1.38 Million [+]
Part Time Employment 40.30 30.40 50.20 21.70 Thousand [+]
Minimum Wages 231.40 232.28 232.28 198.95 EUR/Month [+]
Job Vacancies 6200.00 6687.00 7155.00 4604.00 [+]
Labor Force Participation Rate 56.58 56.49 57.80 50.30 percent [+]
Full Time Employment 677.90 679.10 683.20 515.20 Thousand [+]
Employment Rate 43.36 42.93 43.36 31.20 percent [+]
Wage Growth 2.70 2.50 18.60 -5.60 percent [+]



Macedonia Unemployment Rate Notes

In Macedonia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Macedonia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
23.40 24.00 37.30 23.40 1993 - 2016 percent Quarterly



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