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Job Market Overview: Employment Statistics in Mongolia
Understanding Mongolia's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 3.278.290 residents |
| Employment Rate | 59.6% (below OECD average) |
| Unemployment Rate | 3.9% (very competitive market) |
| Workforce Size | 1.953.861 active workers |
These Mongolia employment statistics reveal a tight labor market where candidates should highlight specialized skills. The 59.6% employment rate suggests moderate job availability across sectors.
Living & Working in Mongolia: Economic Insights
Before relocating or applying for jobs in Mongolia, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 600,00 USD | 13% of U.S. average (significantly lower) |
| Purchasing Power | 27.4 | moderate compared to U.S. (100) |
With 27.4 purchasing power, salaries in Mongolia provide adequate but budget-conscious lifestyles. The average monthly salary of 600,00 USD is particularly attractive in the Mining sector.
Top Industries & Job Opportunities in MN
Mongolia's thriving job market spans these key sectors:
| Leading Industry | Mining (growing at 5% annually) |
| Emerging Sector | Mining (25% of workforce) |
| Service Sector | Services (60% of GDP) |
| Major Employers | Erdenes Tavan Tolgoi, Oyu Tolgoi, Mongol Bank (hiring year-round) |
Job seekers should focus on Mining for the most opportunities, while Mining offers growth potential. Major companies like Erdenes Tavan Tolgoi, Oyu Tolgoi, Mongol Bank frequently post openings for skilled professionals.
CityJobs bridges the gap between job seekers and employers in Mongolia, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Mongolia?
With a population of 3,278,290 and an employment rate of 59.6%, Mongolia offers a competitive job market. The unemployment rate currently stands at 3.9%.
2. Which are the top companies in Mongolia?
The leading employers in Mongolia include Erdenes Tavan Tolgoi, Oyu Tolgoi, Mongol Bank. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Mongolia?
The purchasing power ratio in Mongolia is 27.4, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Mongolia?
Search our listings filtered for Mongolia. Focus on industries where Erdenes Tavan Tolgoi, Oyu Tolgoi, Mongol Bank are active, and consider that the 59.6% employment rate suggests moderate competition for positions.
5. What should I know about working in Mongolia?
With Erdenes Tavan Tolgoi, Oyu Tolgoi, Mongol Bank as major employers, the job market tends to favor Mining and Services.
