Labour Costs in Latvia increased to 145.29 points in the second quarter of 2025 from 141.69 points in the first quarter of 2025. Labour Costs in Latvia averaged 68.21 points from 1995 until 2025, reaching an all time high of 145.29 points in the second quarter of 2025 and a record low of 27.46 points in the first quarter of 1995. source: European Central Bank

Related	Last	Previous	Unit	Reference
Employed Persons	889.00	868.00	Thousand	Jun 2025
Employment Change	-0.40	-0.50	percent	Jun 2025
Employment Rate	64.90	63.20	percent	Jun 2025
Full Time Employment	751.90	751.50	Thousand	Mar 2025
Job Vacancies	21278.00	20629.00		Mar 2025
Labor Force Participation Rate	69.60	68.30	percent	Jun 2025
Labour Costs	145.29	141.69	points	Jun 2025
Long Term Unemployment Rate	2.50	2.70	percent	Mar 2025
Minimum Wages	740.00	740.00	EUR/Month	Dec 2025
Part Time Employment	61.10	60.40	Thousand	Mar 2025
Population	1.87	1.88	Million	Dec 2024
Productivity	124.90	127.50	points	Jun 2025
Retirement Age Men	65.00	64.75	Years	Dec 2025
Retirement Age Women	65.00	64.75	Years	Dec 2025
Unemployed Persons	43894.00	43414.00		Jul 2025
Unemployment Rate	6.70	7.40	percent	Jun 2025
Wages	1342.00	1345.00	EUR/Month	Jun 2025
Youth Unemployment Rate	16.90	16.90	percent	Jul 2025