Latvia’s unemployment rate edged down to 7.0% in the second quarter of 2026 from 7.1% in the previous quarter, but was up from 6.7% in the same period last year. The number of unemployed persons decreased by 0.2 thousand quarter-on-quarter to 66.2 thousand. The unemployment rate for men rose to 8.1% from 7.2%, with the number of unemployed men at 37.8 thousand, while the rate for women fell to 5.9% from 7.0%, with unemployed women totaling 28.4 thousand. The youth unemployment rate (ages 15–24) rose to 15.0%, equivalent to 11.1 thousand people or 16.7% of the total unemployed population. At the same time, 15.6% of the population aged 20–64, or 161.6 thousand people, remained economically inactive, down by 2.3 thousand from the corresponding period a year earlier. Meanwhile, total employment rose by 14.3 thousand to 885.5 thousand, bringing the employment rate to 65.1%, up 1.3 percentage points from the first quarter. source: Central Statistical Bureau of Latvia

Unemployment Rate in Latvia decreased to 7 percent in the second quarter of 2026 from 7.10 percent in the first quarter of 2026. Unemployment Rate in Latvia averaged 10.04 percent from 2002 until 2026, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Unemployment Rate in Latvia decreased to 7 percent in the second quarter of 2026 from 7.10 percent in the first quarter of 2026. Unemployment Rate in Latvia is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Unemployment Rate is projected to trend around 7.20 percent in 2027 and 6.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-22 10:00 AM
Unemployment Rate
Q1 7.1% 6.7% 7.2%
2026-08-14 10:00 AM
Unemployment Rate
Q2 7.0% 7.1% 7.0%
2026-11-13 11:00 AM
Unemployment Rate
Q3 7.0% 6.90%


Related Last Previous Unit Reference
Employed Persons 886.00 871.00 Thousand Jun 2026
Employment Rate 65.10 63.80 percent Jun 2026
Job Vacancies 19507.00 18694.00 Mar 2026
Job Vacancy Rate 2.20 2.10 percent Mar 2026
Labor Force Participation Rate 70.00 68.70 percent Jun 2026
Population 1.86 1.88 Million Dec 2025
Unemployment Rate 7.00 7.10 percent Jun 2026
Wages 1419.00 1330.00 EUR/Month Mar 2026


Latvia Unemployment Rate
In Latvia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.10 21.30 5.30 2002 - 2026 percent Quarterly

News Stream
Latvia’s Unemployment Edges Down to 7.0%
Latvia’s unemployment rate edged down to 7.0% in the second quarter of 2026 from 7.1% in the previous quarter, but was up from 6.7% in the same period last year. The number of unemployed persons decreased by 0.2 thousand quarter-on-quarter to 66.2 thousand. The unemployment rate for men rose to 8.1% from 7.2%, with the number of unemployed men at 37.8 thousand, while the rate for women fell to 5.9% from 7.0%, with unemployed women totaling 28.4 thousand. The youth unemployment rate (ages 15–24) rose to 15.0%, equivalent to 11.1 thousand people or 16.7% of the total unemployed population. At the same time, 15.6% of the population aged 20–64, or 161.6 thousand people, remained economically inactive, down by 2.3 thousand from the corresponding period a year earlier. Meanwhile, total employment rose by 14.3 thousand to 885.5 thousand, bringing the employment rate to 65.1%, up 1.3 percentage points from the first quarter.
2026-08-14
Latvia Unemployment Rate at 1-Year High
Latvia’s unemployment rate rose to 7.1% in the first quarter of 2026 from 6.7% in the previous quarter, but was down from 7.4% in the same period last year. This marked the highest reading since the first quarter of 2025, as the number of unemployed persons increased by 2.6 thousand quarter-on-quarter to 66.4 thousand. The jobless rate for men fell to 7.2% from 7.6%, with the number of unemployed men at 32.9 thousand, while the rate for women rose to 7% from 5.9%, with unemployed women totaling 33.4 thousand. Meanwhile, total employment dropped by 11.6 thousand to 871.2 thousand, bringing the employment rate to 63.8%, down 1 percentage point from the fourth quarter. The youth unemployment rate (ages 15–24) fell to 9.4%, equivalent to 6.2 thousand people, decreasing by 4.1 percentage points from Q4. At the same time, 16.6% of the population aged 20–64, or 173.6 thousand people, remained economically inactive, down by 5.6 thousand from the corresponding period a year earlier.
2026-05-22
Latvia’s Unemployment Falls to 6.7% in Q4 2025
Latvia’s unemployment rate declined to 6.7% in the fourth quarter of 2025, down from 6.9% in the previous quarter and the same period last year. The number of unemployed fell to 63.8 thousand from 66.2 thousand in Q3, while total employment dropped to 882.8 thousand from 892.1 thousand, bringing the employment rate to 64.8%, down 0.4 percentage points quarter on quarter. Youth unemployment rose to 13.5%, up 1.4 percentage points from Q3, even as the number of unemployed young people slightly fell by 0.3 thousand to 8.5 thousand, accounting for 13.3% of all unemployed. Meanwhile, 30.6% of the population aged 15–74, or 416.8 thousand people, remained economically inactive, an increase of 6.2 thousand from the previous quarter.
2026-02-23