Employment Rate in Macedonia decreased to 47.06 percent in the second quarter of 2020 from 48.10 percent in the first quarter of 2020.
Employment Rate in Macedonia averaged 39.87 percent from 2004 until 2020, reaching an all time high of 48.10 percent in the first quarter of 2020 and a record low of 31.20 percent in the fourth quarter of 2004. This page provides - Macedonia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Employment Rate - values, historical data and charts - was last updated on September of 2020.
Employment Rate in Macedonia is expected to be 44.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Macedonia to stand at 44.78 in 12 months time. In the long-term, the Macedonia Employment Rate is projected to trend around 44.81 percent in 2021 and 44.83 percent in 2022, according to our econometric models.