Latvia Unemployment Rate  2002-2016 | Data | Chart | Calendar | Forecast

The jobless rate in Latvia fell to 9.7 percent in the third quarter of 2015 from 9.8 percent in the previous period and 10.6 percent a year earlier. It is the lowest level since July to September of 2008. The number of unemployed persons fell 7.6 percent year-on-year or by 8 thousand to 96.9 thousand. There were 902 thousand employed persons, 16.3 thousand more than a year earlier. The share of employees who received minimum wage (€360/month) or less has increased by 4.9 percent. Unemployment Rate in Latvia averaged 11.71 percent from 2002 until 2015, reaching an all time high of 20.70 percent in the first quarter of 2010 and a record low of 5.40 percent in the fourth quarter of 2007. Unemployment Rate in Latvia is reported by the Central Statistical Bureau of Latvia.

Latvia Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
9.70 9.80 20.70 5.40 2002 - 2015 percent Quarterly
In Latvia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Latvia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-11-14 11:00 AM Q3 2013 11.8% 11.4% 10.1%
2015-08-12 11:00 AM Q2 9.8% 10.2%
2015-11-11 11:00 AM Q3 9.7% 9.8% 9.5%
2016-02-19 11:00 AM Q4 9.7% 9.5%
2016-08-17 10:00 AM Q2 9.4%
2016-11-16 11:00 AM Q3 9.3%

Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.70 9.80 20.70 5.40 percent [+]
Employed Persons 902.00 898.00 1404.00 830.00 Thousand [+]
Unemployed Persons 81780.00 79153.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 4.90 4.20 10.10 1.20 percent [+]
Youth Unemployment Rate 18.20 18.00 40.90 7.60 percent [+]
Labour Costs 118.04 114.32 130.56 55.23 Index Points [+]
Job Vacancies 3803.00 4166.00 15204.00 1643.00 [+]
Wages 599.00 599.00 635.00 113.00 EUR/Month [+]
Minimum Wages 370.00 360.00 370.00 75.18 EUR/Month [+]
Population 1.99 2.02 2.68 1.99 Million [+]
Retirement Age Women 62.50 62.00 62.50 59.50 [+]
Retirement Age Men 62.50 62.00 62.50 62.00 [+]
Employment Change 0.20 0.10 3.30 -6.90 percent [+]
Employment Rate 68.60 68.20 69.90 57.00 percent [+]
Full Time Employment 805.60 812.90 984.30 720.30 Thousand [+]
Labor Force Participation Rate 68.00 67.50 68.00 59.90 percent [+]
Productivity 120.50 114.10 120.50 44.30 Index Points [+]
Part Time Employment 66.30 56.80 116.00 48.80 Thousand [+]




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