Long Term Unemployment Rate in Estonia increased to 1.10 percent in the first quarter of 2020 from 0.70 percent in the fourth quarter of 2019.

Long Term Unemployment Rate in Estonia averaged 3.99 percent from 1998 until 2020, reaching an all time high of 8.30 percent in the second quarter of 2010 and a record low of 0.60 percent in the third quarter of 2019. This page provides - Estonia Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Long Term Unemployment Rate - values, historical data and charts - was last updated on July of 2020.

Long Term Unemployment Rate in Estonia is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Estonia to stand at 1.90 in 12 months time. In the long-term, the Estonia Long Term Unemployment Rate is projected to trend around 1.90 percent in 2021 and 0.50 percent in 2022, according to our econometric models.

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Estonia Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.70 8.30 0.60 1998 - 2020 percent Quarterly

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.10 19.50 0.50 percent [+]
Employed Persons 670.30 678.50 839.10 551.60 Thousand [+]
Unemployed Persons 50.38 48.54 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.10 0.70 8.30 0.60 percent [+]
Youth Unemployment Rate 13.20 9.90 40.40 6.60 percent [+]
Labour Costs 124.23 116.52 126.05 29.81 points [+]
Job Vacancies 4.24 3.82 9.53 0.51 Thousand [+]
Wages 1404.00 1472.00 1472.00 7.35 EUR/Month [+]
Wages in Manufacturing 1342.00 1383.00 1383.00 281.91 EUR/Month [+]
Wage Growth 6.30 8.20 21.20 -6.50 percent [+]
Minimum Wages 540.00 540.00 540.00 79.89 EUR/Month [+]
Population 1.33 1.32 1.57 1.21 Million [+]
Retirement Age Women 63.50 63.25 63.50 60.50 [+]
Retirement Age Men 63.50 63.25 63.50 63.00 [+]
Labor Force Participation Rate 71.70 72.10 72.30 61.20 percent [+]
Part Time Employment 86.00 75.30 86.00 32.40 Thousand [+]
Productivity 117.00 116.80 118.20 50.60 points [+]
Full Time Employment 545.40 565.50 599.00 476.80 Thousand [+]
Employment Change -0.40 1.30 3.40 -5.30 percent [+]
Employment Rate 68.10 69.20 76.50 53.10 percent [+]


Estonia Long Term Unemployment Rate
In Estonia, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.