Long Term Unemployment Rate in Latvia decreased to 2.10 percent in the second quarter of 2021 from 2.40 percent in the first quarter of 2021. source: EUROSTAT

Long Term Unemployment Rate in Latvia averaged 4.77 percent from 1998 until 2021, reaching an all time high of 10.10 percent in the first quarter of 2011 and a record low of 1.20 percent in the third quarter of 2007. This page provides - Latvia Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Long Term Unemployment Rate - values, historical data and charts - was last updated on November of 2021.

Long Term Unemployment Rate in Latvia is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Long Term Unemployment Rate is projected to trend around 1.60 percent in 2022 and 0.40 percent in 2023, according to our econometric models.

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Latvia Long Term Unemployment Rate


Related Last Previous Unit Reference
Long Term Unemployment Rate 2.10 2.40 percent Jun/21
Youth Unemployment Rate 12.90 12.80 percent Sep/21
Job Vacancies 25060.00 21326.00 Jun/21
Minimum Wages 500.00 500.00 EUR/Month Sep/21
Full Time Employment 757.80 740.50 Thousand Jun/21
Employment Change 5.70 -3.90 percent Jun/21
Productivity 117.90 122.90 points Jun/21
Part Time Employment 59.70 71.60 Thousand Jun/21
Latvia Long Term Unemployment Rate
In Latvia, 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.