The number of unemployed persons in Serbia decreased to 508.32 Thousand in August of 2020 from 518 Thousand in July of 2020.

Unemployed Persons in Serbia averaged 763.56 Thousand from 2002 until 2020, reaching an all time high of 970 Thousand in July of 2003 and a record low of 500.64 Thousand in October of 2019. This page provides - Serbia Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Unemployed Persons - values, historical data and charts - was last updated on October of 2020.

Unemployed Persons in Serbia is expected to be 557.84 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Serbia to stand at 557.27 in 12 months time. In the long-term, the Serbia Unemployed Persons is projected to trend around 557.33 Thousand in 2021, according to our econometric models.

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Serbia Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
508.32 518.00 970.00 500.64 2002 - 2020 Thousand Monthly
Volume, NSA

Serbia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 9.70 25.50 7.30 percent [+]
Employed Persons 2844200.00 2877400.00 2938700.00 2157618.00 [+]
Unemployed Persons 508.32 518.00 970.00 500.64 Thousand [+]
Wages 60029.00 59740.00 60029.00 3821.00 RSD/Month [+]
Minimum Wages 307.67 308.04 308.04 230.14 EUR/Month [+]
Population 6.96 7.00 7.63 6.96 Million [+]
Retirement Age Women 62.00 61.50 62.00 58.00 [+]
Retirement Age Men 65.00 65.00 65.00 63.00 [+]
Labor Force Participation Rate 52.00 54.00 55.50 46.10 percent [+]
Labour Costs 109.80 111.43 135.35 65.44 points [+]
Employment Rate 48.20 48.70 49.70 34.30 percent [+]
Youth Unemployment Rate 25.50 29.10 54.20 24.40 percent [+]
Wage Growth 6.30 7.80 94.60 -8.80 percent [+]


Serbia Unemployed Persons
In Serbia, unemployed persons are individuals who are without a job and actively seeking to work.