Employment Rate in Mongolia decreased to 54.20 percent in the third quarter of 2019 from 54.60 percent in the second quarter of 2019.

Employment Rate in Mongolia averaged 56.08 percent from 2006 until 2019, reaching an all time high of 60.30 percent in the third quarter of 2012 and a record low of 52.80 percent in the first quarter of 2009. This page provides - Mongolia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Employment Rate - values, historical data and charts - was last updated on May of 2020.

Employment Rate in Mongolia is expected to be 56.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Mongolia to stand at 55.50 in 12 months time. In the long-term, the Mongolia Employment Rate is projected to trend around 55.50 percent in 2021, according to our econometric models.

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Mongolia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
54.20 54.60 60.30 52.80 2006 - 2019 percent Quarterly

Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.10 9.90 11.80 2.80 percent [+]
Unemployed Persons 105139.00 126582.00 153592.00 75309.00 [+]
Labor Force Participation Rate 60.70 60.10 64.80 59.20 percent [+]
Population 3.24 3.24 3.24 0.96 Million [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Wages 1166.40 1161.20 1166.40 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1195.70 1187.40 1196.80 60.60 MNT Thousand/Month [+]
Employed Persons 1188440.00 1155945.00 1274700.00 852805.00 [+]
Employment Rate 54.20 54.60 60.30 52.80 percent [+]