The number of unemployed persons in Mongolia increased to 92616 in the third quarter of 2020 from 83673 in the second quarter of 2020. source: National Statistical Office of Mongolia

Unemployed Persons in Mongolia averaged 104183.70 from 2006 until 2020, reaching an all time high of 153592 in the first quarter of 2019 and a record low of 75309 in the third quarter of 2012. This page provides - Mongolia Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Unemployed Persons - values, historical data and charts - was last updated on May of 2021.

Unemployed Persons in Mongolia is expected to be 120000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Mongolia to stand at 120000.00 in 12 months time. In the long-term, the Mongolia Unemployed Persons is projected to trend around 120000.00 in 2022, according to our econometric models.

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Mongolia Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
92616.00 83673.00 153592.00 75309.00 2006 - 2020 Quarterly

Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.60 7.30 11.80 2.80 percent [+]
Unemployed Persons 92616.00 83673.00 153592.00 75309.00 [+]
Labor Force Participation Rate 59.00 59.80 64.80 59.00 percent [+]
Population 3.24 3.24 3.24 0.96 Million [+]
Employed Persons 1175986.00 1185205.00 1274700.00 852805.00 [+]
Employment Rate 54.70 55.80 60.30 52.80 percent [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Wages 1269.10 1261.30 1269.10 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1243.00 1236.90 1256.50 60.60 MNT Thousand/Month [+]