Latvia Unemployment Rate  2002-2017 | Data | Chart | Calendar | Forecast

The jobless rate in Latvia increased slightly to 9.4 percent in the first quarter of 2017 from 9.3 percent in the previous period.The number of unemployed rose by 0.5 thousand to 91.3 thousand; the number of employed went down by 7.9 thousand to 882.5 thousand and the labour force declined by 7.4 thousand to 973.8 thousand. By sectors, the most significant drops in employment were recorded in: manufacturing (-9.5 thousand); construction (-6.8 thousand); arts, entertainment and culture (-5.5 thousand) and financial and insurance activities (-3.4 thousand). A year earlier, the unemployment rate was higher at 10.3 percent. Unemployment Rate in Latvia averaged 11.78 percent from 2002 until 2017, reaching an all time high of 21.30 percent in the first quarter of 2010 and a record low of 5.30 percent in the fourth quarter of 2007.

Latvia Unemployment Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2016-11-16 11:00 AM Q3 9.5% 9.5% 9.6%
2017-02-23 11:00 AM Q4 9.3% 9.5% 9.6%
2017-05-22 10:25 AM Q1 9.4% 9.3% 10.1%
2017-08-17 10:00 AM Q2 9.4% 9.2%
2017-11-16 11:00 AM Q3 9.1%




Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.40 9.30 21.30 5.30 percent [+]
Employed Persons 883.00 890.00 1404.00 830.00 Thousand [+]
Unemployed Persons 66708.00 68439.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.50 4.00 10.10 1.20 percent [+]
Youth Unemployment Rate 13.70 14.40 40.90 7.60 percent [+]
Labour Costs 128.04 131.73 169.58 43.69 Index Points [+]
Job Vacancies 15442.00 14142.00 15442.00 1643.00 [+]
Wages 675.00 630.00 703.00 113.00 EUR/Month [+]
Minimum Wages 380.00 370.00 380.00 75.18 EUR/Month [+]
Population 1.95 1.97 2.68 1.95 Million [+]
Retirement Age Women 62.80 62.60 62.80 59.50 [+]
Retirement Age Men 62.80 62.50 62.80 62.00 [+]
Employment Change -1.90 0.50 3.60 -6.80 percent [+]
Employment Rate 61.60 61.70 63.10 50.80 percent [+]
Full Time Employment 782.60 774.10 984.30 720.30 Thousand [+]
Productivity 112.10 125.80 125.80 44.30 Index Points [+]
Part Time Employment 66.30 82.20 116.00 48.80 Thousand [+]
Labor Force Participation Rate 68.00 68.00 68.40 59.90 percent [+]


Latvia Unemployment Rate Notes

In Latvia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Latvia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.40 9.30 21.30 5.30 2002 - 2017 percent Quarterly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.30 May/17
Italy 11.30 May/17
Turkey 10.50 Apr/17
France 9.60 Mar/17
Euro Area 9.30 May/17
Canada 6.50 Jun/17
Australia 5.60 Jun/17
Indonesia 5.33 Mar/17
Russia 5.10 Jun/17
India 4.90 Dec/13
Netherlands 4.90 Jun/17
United Kingdom 4.50 May/17
United States 4.40 Jun/17
China 3.97 Mar/17
Germany 3.90 May/17
South Korea 3.80 Jun/17
Mexico 3.30 Jun/17
Japan 3.10 May/17
Switzerland 3.00 Jun/17