EU Candidate Countries’ & Potential Candidates’ Economic Quarterly (CCEQ) – Western Balkans and Türkiye. 3rd Quarter 2023
The unemployment rate fell compared to the previous quarter in several economies, and in most of them it was the same or lower than in the same period a year before. Average employment growth slowed to 0.9%1 y-o-y in the Western Balkans in the second quarter of 2023, while labour force participation increased in some economies, most notably in Albania where it climbed to a record-high 75.8%. Overall, unemployment rates in the region remained high compared with the EU, ranging from 9.6% in Serbia to 13.5% in Montenegro.
European Economy Technical Papers are reports and data compiled by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs.