Employment Rate in Macedonia increased to 47.05 percent in the first quarter of 2021 from 46.84 percent in the fourth quarter of 2020. source: State Statistical Office of the Republic of Macedonia

Employment Rate in Macedonia averaged 40.17 percent from 2004 until 2021, reaching an all time high of 48.10 percent in the first quarter of 2020 and a record low of 31.20 percent in the fourth quarter of 2004. This page provides - Macedonia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Employment Rate - values, historical data and charts - was last updated on July of 2021.

Employment Rate in Macedonia is expected to be 44.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Macedonia to stand at 44.78 in 12 months time. In the long-term, the Macedonia Employment Rate is projected to trend around 44.81 percent in 2022 and 44.83 percent in 2023, according to our econometric models.

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Macedonia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
47.05 46.84 48.10 31.20 2004 - 2021 percent Quarterly
NSA

Macedonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.00 16.10 38.70 16.00 percent [+]
Employed Persons 793121.00 789552.00 811106.00 498867.00 [+]
Unemployed Persons 150843.00 151972.00 330724.00 150843.00 [+]
Wages 42917.00 42441.00 42917.00 20029.00 MKD/Month [+]
Population 2.08 2.08 2.10 1.38 Million [+]
Job Vacancies 7916.00 8364.00 9100.00 4604.00 [+]
Labor Force Participation Rate 56.00 55.86 57.80 50.30 percent [+]
Long Term Unemployment Rate 12.90 12.80 30.90 11.70 percent [+]
Full Time Employment 753.30 748.20 768.30 515.20 Thousand [+]
Employment Rate 47.05 46.84 48.10 31.20 percent [+]
Part Time Employment 25.60 27.50 50.20 21.70 Thousand [+]
Minimum Wages 14500.00 14500.00 14500.00 8050.00 MKD/Month [+]
Wages In Manufacturing 35192.00 35481.00 36741.00 15955.00 MKD/Month [+]
Wage Growth 0.80 0.80 19.60 -4.50 percent [+]


Macedonia Employment Rate
In Macedonia, the employment rate measures the number of people who have a job as a percentage of the working age population.