Latvia Unemployed Persons - Forecast

Unemployed Persons in Latvia is expected to be 57049.18 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Latvia to stand at 56752.93 in 12 months time. In the long-term, the Latvia Unemployed Persons is projected to trend around 56744.22 in 2020, according to our econometric models.


Forecast Data Chart
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Latvia Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 7.7 8.1 8 8 7.8 8.2
Employed Persons 910 915 914 919 922 927
Unemployed Persons 58051 57049 56836 56773 56753 56744
Long Term Unemployment Rate 3.2 2.81 2.9 2.8 2.77 2.69
Youth Unemployment Rate 8.4 7.97 7.53 7.67 7.56 7.6
Labour Costs 112 106 103 103 105 106
Job Vacancies 24078 26317 27697 29154 30192 35005
Wages 755 790 770 747 747 880
Minimum Wages 430 430 480 480 480 540
Population 1.93 1.93 1.91 1.91 1.91 1.89
Retirement Age Women 63.25 63.25 63.5 63.25 63.25 63.75
Retirement Age Men 63.25 63.25 63.5 63.25 63.25 63.75
Labor Force Participation Rate 69.2 69.48 69.48 69.51 69.54 69.58
Part Time Employment 62 63.01 62.48 63.1 63 62.76
Productivity 128 130 113 129 131 128
Employment Change -0.3 0.02 0.02 0 0 0
Employment Rate 64.4 65.08 65.07 65.41 65.67 66.06
Full Time Employment 800 807 807 809 811 813