This release contains the data received through the Labour Force Survey conducted in the fourth quarter 2023. The interviewing was done in 1 878 households on the territory of Montenegro. There were collected data about demographic characteristics for all members of the households (4 684 persons were surveyed), and, in addition, also data about economic activity for persons aged 15 to 89 (4 093 persons).

According to the data for the fourth quarter of 2023, there were 318.7 thousand of active populations in Montenegro, out of which there were 279.9 thousand of employed persons, or 87.8%, and 38.8 thousand of unemployed1, or 12.2%. The number of persons in employment in comparison with the previous quarter has decreased 4.8%, and in comparison with the same quarter of previous year has increased 9.3%. The number of unemployed in comparison with the previous quarter has decreased 1.3%, and in comparison with the same quarter of previous year has decreased 10.2%.

There were 180.2 thousand of persons outside the labour force (15 to 89 years old). The number of persons outside the labour force in comparison with the previous quarter has increased 7.9%, and in comparison with the same quarter of previous year has decreased 9.5%.

For the persons aged 15 to 89 in the fourth quarter 2023, activity rate is 63.9%; employment rate is 56.1%; unemployment rate is 12.2% and population outside the labour force rate is 36.1%.

Release