Latvia Unemployed Persons - Forecast

Unemployed Persons in Latvia is expected to be 57853.56 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 54089.92 in 12 months time. In the long-term, the Latvia Unemployed Persons is projected to trend around 53979.16 in 2020, according to our econometric models.


Latvia Unemployed Persons
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Latvia Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 8.2 8.6 8.2 8.1 8 8.2
Employed Persons 898 902 907 906 905 910
Unemployed Persons 59548 57854 55169 54343 54090 53979
Long Term Unemployment Rate 2.6 3.45 3.45 3.45 3.45 3.45
Youth Unemployment Rate 11.8 11.15 11.41 11 11.17 11.1
Labour Costs 133 133 133 133 133 133
Job Vacancies 17271 17271 17057 17270 17058 17269
Wages 733 740 720 790 770 880
Minimum Wages 430 430 430 430 480 540
Population 1.95 1.93 1.93 1.95 1.95 1.95
Retirement Age Women 63.25 63.25 63.25 63.25 63.5 63.75
Retirement Age Men 63.25 63.25 63.25 63.25 63.5 63.75
Labor Force Participation Rate 69.2 69.34 69.48 69.48 69.48 69.58
Part Time Employment 66.1 67.68 68.44 68.61 69.08 72.57
Productivity 112 126 130 129 113 127
Employment Change 0.9 0.38 0.28 0.17 0.11 -0.01
Employment Rate 66.7 68.5 68.81 69.27 70.41 73.07
Full Time Employment 799 807 810 812 814 827