Labor Force Participation Rate in Palestine decreased to 38.60 percent in the second quarter of 2020 from 43.10 percent in the first quarter of 2020.

Labor Force Participation Rate in Palestine averaged 44.37 percent from 2009 until 2020, reaching an all time high of 47.10 percent in the fourth quarter of 2018 and a record low of 40.50 percent in the third quarter of 2010. This page provides - Palestine Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine Labor Force Participation Rate - values, historical data and charts - was last updated on September of 2020.

Labor Force Participation Rate in Palestine is expected to be 46.07 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 Palestine to stand at 46.20 in 12 months time. In the long-term, the Palestine Labor Force Participation Rate is projected to trend around 46.23 percent in 2021 and 46.26 percent in 2022, according to our econometric models.

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Palestine Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
38.60 43.10 47.10 38.60 2009 - 2020 percent Quarterly

Palestine Labour Last Previous Highest Lowest Unit
Unemployment Rate 26.60 25.00 35.60 8.80 percent [+]
Population 4.98 4.85 4.98 1.98 Million [+]
Unemployed Persons 321400.00 336300.00 445800.00 195500.00 [+]
Youth Unemployment Rate 42.10 40.40 49.90 32.90 percent [+]
Labor Force Participation Rate 38.60 43.10 47.10 38.60 percent [+]
Full Time Employment 1005500.00 979200.00 1005500.00 67900.00 [+]