Baush: Macedonia’s economy has room for a slight wage increase

Economic analyst Abil Baush has suggested that current economic indicators suggest potential room for modest increases in wages. Reviewing key metrics from the first quarter of 2026, Baush cited several figures to support his assessment. During that period, the real growth of the national unit was recorded at 3.1%, while the unemployment rate stood at 11.3%.

Furthermore, the average net wage reached 48,779 denars in April. According to Baush’s analysis, these figures collectively point to ongoing growth in both overall economic activity and wage levels. However, the analyst cautioned that any anticipated growth must be managed with careful calibration.

A primary concern highlighted by Baush relates to the structure of the employment sector. Small and medium enterprises (SMEs) are noted as being responsible for approximately 73% of total employment. This high reliance on SMEs introduces a degree of variability into the broader economic outlook.

Baush emphasized that these businesses do not possess uniform financial robustness, meaning that the capacity to sustain wage increases or absorb potential economic shocks varies significantly across the sector. Therefore, while the data suggests upward momentum, the analyst advises a measured approach to any policy discussions regarding wage adjustments, factoring in the differential financial health among the nation’s key employers.

Topics: #wage #economic #baush

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