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. source: Central Statistical Bureau of Latvia
Unemployment Rate in Latvia increased to 7.10 percent in the first quarter of 2026 from 6.70 percent in the fourth quarter of 2025. Unemployment Rate in Latvia averaged 10.07 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 June of 2026.
Unemployment Rate in Latvia increased to 7.10 percent in the first quarter of 2026 from 6.70 percent in the fourth quarter of 2025. Unemployment Rate in Latvia is expected to be 6.60 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 6.20 percent in 2027 and 6.10 percent in 2028, according to our econometric models.