Latvia Job Vacancies - Forecast

Job Vacancies in Latvia is expected to be 15355.93 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Job Vacancies in Latvia to stand at 11440.97 in 12 months time. In the long-term, the Latvia Job Vacancies is projected to trend around 4697.45 in 2020, according to our econometric models.


Latvia Job Vacancies
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Latvia Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 8.5 9.3 9 8.8 8.7 8.2
Employed Persons 903 909 913 916 919 949
Unemployed Persons 65136 68323 72250 75427 78061 91236
Long Term Unemployment Rate 3.4 3.67 3.82 4.02 4.2 5.57
Youth Unemployment Rate 14.2 14.78 15.15 15.35 15.71 18.17
Labour Costs 128 125 123 122 120 106
Job Vacancies 17062 15356 14203 12835 11441 4697
Wages 669 671 671 670 672 677
Minimum Wages 430 430 430 430 430 540
Population 1.95 1.93 1.93 1.93 1.93 1.91
Retirement Age Women 62.8 63 63 63 63 63
Retirement Age Men 62.8 63 63 63 63 63
Labor Force Participation Rate 69.5 69.02 69 68.92 68.84 68.09
Part Time Employment 69 69.28 69.44 69.97 70.29 73.89
Productivity 131 116 124 128 128 126
Employment Change 0.5 0.03 0 -0.01 -0.01 -0.03
Employment Rate 63.6 62.93 62.72 62.29 61.61 57.78
Full Time Employment 799 807 810 813 815 828