Unemployment in Montenegro
Montenegro - UnemploymentWhile official GDP figures for the third quarter are still pending, available data indicates the economy continued expanding at a solid pace. Investment should have remained the key driver of growth, powered by large infrastructure projects such as the Bar-Boljare highway and the underwater power cable with Italy. Moreover, the stream of tourist arrivals throughout Q3 stayed steady, while the services sector, alongside brisk construction activity, helped sustain the gradual improvement in the labor market as well. Nevertheless, the government’s agenda to shrink the public sector could cause unemployment to rebound in the near-term.
Montenegro - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Montenegro Unemployment Chart
Source: Employment Agency of Montenegro
|Exchange Rate||1.13||0.65 %||Dec 11|
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