Labour Costs in Latvia increased to 142.97 points in the first quarter of 2026 from 140.97 points in the fourth quarter of 2025. Labour Costs in Latvia averaged 69.59 points from 1995 until 2026, reaching an all time high of 142.97 points in the first quarter of 2026 and a record low of 27.51 points in the first quarter of 1995. source: European Central Bank

Related	Last	Previous	Unit	Reference
Employed Persons	871.00	883.00	Thousand	Mar 2026
Employment Change	0.10	0.60	percent	Mar 2026
Employment Rate	63.80	64.80	percent	Mar 2026
Full Time Employment	737.60	759.90	Thousand	Mar 2026
Job Vacancies	18592.00	18923.00		Dec 2025
Labor Force Participation Rate	68.70	69.40	percent	Mar 2026
Labour Costs	142.97	140.97	points	Mar 2026
Long Term Unemployment Rate	2.80	1.90	percent	Mar 2026
Minimum Wages	780.00	740.00	EUR/Month	Jun 2026
Part Time Employment	73.50	64.60	Thousand	Mar 2026
Population	1.86	1.88	Million	Dec 2025
Productivity	122.62	119.83	points	Mar 2026
Retirement Age Men	65.00	65.00	Years	Dec 2026
Retirement Age Women	65.00	65.00	Years	Dec 2026
Unemployed Persons	39980.00	41507.00		May 2026
Unemployment Rate	7.10	6.70	percent	Mar 2026
Wages	1419.00	1330.00	EUR/Month	Mar 2026
Youth Unemployment Rate	8.20	7.60	percent	Apr 2026