Labor Force Participation Rate in Macedonia increased to 57.20 percent in the third quarter of 2019 from 57.10 percent in the second quarter of 2019.
Labor Force Participation Rate in Macedonia averaged 56.17 percent from 2004 until 2019, reaching an all time high of 57.80 percent in the fourth quarter of 2010 and a record low of 50.30 percent in the fourth quarter of 2004. This page provides - Macedonia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Labor Force Participation Rate in Macedonia is expected to be 56.91 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Macedonia to stand at 56.89 in 12 months time. In the long-term, the Macedonia Economic Activity Rate is projected to trend around 56.93 percent in 2020, according to our econometric models.