Labor Force Participation Rate in Macedonia decreased to 55.30 percent in the first quarter of 2022 from 55.70 percent in the fourth quarter of 2021. source: State Statistical Office of the Republic of Macedonia

Labor Force Participation Rate in Macedonia averaged 56.18 percent from 2004 until 2022, reaching an all time high of 57.80 percent in the fourth quarter of 2010 and a record low of 50.30 percent in the fourth quarter of 2004. This page provides - Macedonia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Economic Activity Rate - values, historical data and charts - was last updated on August of 2022.

Labor Force Participation Rate in Macedonia is expected to be 56.91 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Economic Activity Rate is projected to trend around 56.91 percent in 2023 and 56.93 percent in 2024, according to our econometric models.

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Macedonia Economic Activity Rate

Related Last Previous Unit Reference
Unemployment Rate 14.80 15.20 percent Mar 2022
Unemployed Persons 119699.00 142206.00 Mar 2022
Employed Persons 691498.00 795276.00 Mar 2022
Wages 46972.00 47092.00 MKD/Month May 2022
Labor Force Participation Rate 55.30 55.70 percent Mar 2022
Employment Rate 47.10 47.30 percent Mar 2022
Wages In Manufacturing 37550.00 38185.00 MKD/Month Jan 2022
Job Vacancies 7979.00 8595.00 Dec 2021