Serbia’s unemployment rate fell to 8.5% in the second quarter of 2025, from a one-year high of 9.1% in the first quarter. The number of unemployed people decreased by 22.4 thousand quarter-on-quarter to 267.0 thousand. Meanwhile, the employment rate inched up to 51.5% from 51.4% in the previous two quarters, even though the number of employed people dropped slightly by 1.2 thousand to 2.89 million. The labor force participation rate fell by 0.4 percentage points to 56.2% in the second quarter.