Employment Rate in Mongolia decreased to 53.50 percent in the first quarter of 2019 from 57.80 percent in the fourth quarter of 2018. Employment Rate in Mongolia averaged 56.15 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.
Employment Rate in Mongolia is expected to be 55.30 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 56.10 in 12 months time. In the long-term, the Mongolia Employment Rate is projected to trend around 55.50 percent in 2020, according to our econometric models.