Labour Costs in Latvia increased to 139.08 points in the third quarter of 2025 from 137.45 points in the second quarter of 2025. Labour Costs in Latvia averaged 68.40 points from 1995 until 2025, reaching an all time high of 139.08 points in the third quarter of 2025 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	892.00	889.00	Thousand	Sep 2025
Employment Change	0.50	-0.10	percent	Sep 2025
Employment Rate	65.20	64.90	percent	Sep 2025
Full Time Employment	762.20	771.40	Thousand	Sep 2025
Job Vacancies	18923.00	19762.00		Sep 2025
Labor Force Participation Rate	70.00	69.60	percent	Sep 2025
Labour Costs	139.08	137.45	points	Sep 2025
Long Term Unemployment Rate	2.70	2.20	percent	Sep 2025
Minimum Wages	780.00	740.00	EUR/Month	Jun 2026
Part Time Employment	71.10	61.60	Thousand	Sep 2025
Population	1.87	1.88	Million	Dec 2024
Productivity	122.55	121.49	points	Sep 2025
Retirement Age Men	65.00	64.75	Years	Dec 2025
Retirement Age Women	65.00	64.75	Years	Dec 2025
Unemployed Persons	45729.00	43672.00		Jan 2026
Unemployment Rate	6.90	6.70	percent	Sep 2025
Wages	1340.00	1347.00	EUR/Month	Sep 2025
Youth Unemployment Rate	11.70	11.80	percent	Dec 2025