The economy of Junik is based on agriculture. Almost all inhabitants are involved in agricultural activities. As in the rest of Kosovo, unemployment is a problem. However, after the 1999 conflict, there was an increase in registrations of private businesses and currently more than 50 businesses are registered. Most of the enterprises are family-run, especially trade enterprises. The municipal administration is currently the largest employer. The inhabitants see the forests around Junik and its natural environment as assets of the municipality and the administration is seeking possibilities in the development of tourism.