North Macedonia: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 12.46 percent as of Q2 2024, a decline compared to the previous value of 12.87 percent. Historically, the average for North Macedonia from Q1 2006 to Q2 2024 is 25.08 percent. The minimum of 10.08 percent was recorded in Q4 2023, while the maximum of 36.3 percent was reached in Q1 2006.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: State Statistical Office of the Republic of Macedonia
Recent values | North Macedonia: Unemployment rate, percent |
---|---|
2024  Q2 | 12.46 |
2024  Q1 | 12.87 |
2023  Q4 | 10.08 |
2023  Q3 | 12.85 |
2023  Q2 | 13.09 |
2023  Q1 | 13.26 |
2022  Q4 | 13.99 |
2022  Q3 | 14.26 |
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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Labor force | 0.91 | 2023 | million people |
Unemployment rate | 13.07 | 2023 | percent |
Female unemployment | 11.72 | 2023 | percent |
Male unemployment | 14.02 | 2023 | percent |
Youth unemployment | 28.57 | 2023 | percent |
Labor force participation | 52.59 | 2023 | percent |
Labor force: percent female | 40.98 | 2023 | percent |
Female labor force participation | 42.64 | 2023 | percent |
Male labor force participation | 62.76 | 2023 | percent |
Self-employment | 16.54 | 2022 | percent |
Informal employment | 11.50 | 2020 | percent |
Employment | 0.69 | Q2/2024 | million employed people |
Unemployment rate | 12.46 | Q2/2024 | percent |
Labor cost | 297.20 | 6/2024 | index points |