Latvia Job Vacancies  Forecast


Latvia Job Vacancies
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Job Vacancies in Latvia is expected to be 17358.80 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 14589.93 in 12 months time. In the long-term, the Latvia Job Vacancies is projected to trend around 5409.46 in 2020, according to our econometric models.


Latvia Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 8.5 9 9.3 9 8.8 8.2
Employed Persons 903 896 900 903 905 929
Unemployed Persons 61014 59947 61552 64440 67675 86604
Long Term Unemployment Rate 3.5 3.68 3.8 3.97 4.17 5.42
Youth Unemployment Rate 14.7 19.73 16 17.3 17.7 19.08
Labour Costs 129 128 127 125 124 112
Job Vacancies 17261 17359 16717 15780 14590 5409
Wages 669 670 671 671 670 677
Minimum Wages 380 380 381 383 382 410
Population 1.95 1.95 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 68.23 68.2 68.12 68.04 67.44
Part Time Employment 64.5 68.43 68.42 68.7 69.14 72.15
Productivity 131 126 115 125 121 124
Employment Change -0.7 -0.16 -0.1 -0.07 -0.06 -0.04
Employment Rate 63.6 62.06 61.67 61.36 60.75 57.14
Full Time Employment 795 794 799 803 805 823