Latvia Unemployment Rate

Unemployment Rate in Latvia decreased to 11.30 percent in the fourth quarter of 2013 from 11.80 percent in the third quarter of 2013. Unemployment Rate in Latvia is reported by the Central Statistical Bureau of Latvia. Unemployment Rate in Latvia averaged 11.88 Percent from 2002 until 2013, 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. 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 - Latvia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
11.30 11.80 20.70 5.40 11.00 | 2014/03 2002 - 2013 Percent Quarterly

TO

Latvia Unemployment Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-05-15 11:00 AM Latvia
Unemployment Rate
Q1 2013 12.8% 13.8%
2013-08-14 11:00 AM Latvia
Unemployment Rate
Q2 2013 11.4% 12.8% 12%
2013-11-14 11:00 AM Latvia
Unemployment Rate
Q3 2013 11.8% 11.4% 10.1%
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Labour Last Previous Highest Lowest Forecast Unit
Employed Persons 900.00 2013-11-15 906.00 1404.00 858.00 892.40 2014-03-31 Thousand [+]
Job Vacancies 3657.00 2013-11-15 3763.00 15204.00 1643.00 3883.39 2014-03-31 [+]
Labour Costs 153.30 2013-08-15 162.10 191.30 71.60 155.91 2013-12-31 Index Points [+]
Long Term Unemployment Rate 5.20 2013-09-30 5.60 10.10 1.20 5.12 2013-12-31 percent [+]
Population 2.04 2012-12-31 2.07 2.68 2.04 2.00 2013-12-31 Million [+]
Retirement Age Men 62.00 2013-01-01 62.00 62.00 62.00 62.00 2013-12-31 [+]
Retirement Age Women 62.00 2013-01-01 62.00 62.00 59.50 62.00 2013-12-31 [+]
Unemployed Persons 97736.00 2014-02-28 96762.00 194253.00 36690.00 96542.97 2014-03-31 Thousand [+]
Unemployment Rate 11.30 2013-12-31 11.80 20.70 5.40 11.00 2014-03-31 Percent [+]
Wages 558.00 2013-12-15 511.00 558.00 79.57 588.62 2014-01-31 LVL [+]
Youth Unemployment Rate 23.80 2013-12-15 23.50 39.10 8.80 23.71 2014-01-31 Percent [+]
Minimum Wages 284.70 2013-12-31 286.70 287.10 75.20 283.62 2014-01-31 EUR [+]
[+]


Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Latvia Employed Persons at 900.00 Thousand  
The number of employed persons in Latvia decreased to 900 Thousand in the fourth quarter of 2013 from 906 Thousand in the third quarter of 2013. Employed Persons in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Exports at 797.10 EUR Million  
Exports in Latvia increased to 797.10 EUR Million in February of 2014 from 738.40 EUR Million in January of 2014. Exports in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Export Prices at 117.20 Index Points  
Export Prices in Latvia remained unchanged at 117.20 Index Points in the fourth quarter of 2013 from 117.20 Index Points in the third quarter of 2013. Export Prices in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia GDP Constant Prices at 5654522.00 LVL THO  
GDP Constant Prices in Latvia increased to 5654522 LVL THO in the fourth quarter of 2013 from 5470765 LVL THO in the third quarter of 2013. GDP Constant Prices in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia GDP Deflator at 1.12 Index Points  
GDP Deflator in Latvia remained unchanged at 1.12 Index Points in the fourth quarter of 2013 from 1.12 Index Points in the third quarter of 2013. GDP Deflator in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Government Budget Value at -21.50 LVL Million  
Latvia recorded a government budget deficit of 21.50 LVL Million in February of 2014. Government Budget Value in Latvia is reported by the Treasury of the Republic of Latvia.
Latvia Government Spending at 1024905.00 LVL Million  
Government Spending in Latvia increased to 1024905 LVL Million in the fourth quarter of 2013 from 805366 LVL Million in the third quarter of 2013. Government Spending in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Gross Fixed Capital Formation at 1230335.00 LVL THO  
Gross Fixed Capital Formation in Latvia decreased to 1230335 LVL THO in the fourth quarter of 2013 from 1346304 LVL THO in the third quarter of 2013. Gross Fixed Capital Formation in Latvia is reported by the Central Statistical Bureau Of Latvia.
Latvia Gross National Product at 6316.00 LVL Million  
Gross National Product in Latvia increased to 6316 LVL Million in the fourth quarter of 2013 from 6013 LVL Million in the third quarter of 2013. Gross National Product in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Harmonised Consumer Prices at 147.28 Index Points  
Harmonised Consumer Prices in Latvia decreased to 147.28 Index Points in February of 2014 from 147.30 Index Points in January of 2014. Harmonised Consumer Prices in Latvia is reported by the Eurostat.
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