Labor Force Participation Rate in Latvia increased to 67.60 percent in the second quarter of 2021 from 67 percent in the first quarter of 2021. source: Central Statistical Bureau of Latvia

Labor Force Participation Rate in Latvia averaged 65.89 percent from 2002 until 2021, reaching an all time high of 70.20 percent in the third quarter of 2018 and a record low of 59.90 percent in the first quarter of 2002. This page provides - Latvia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Activity Rate - values, historical data and charts - was last updated on September of 2021.

Labor Force Participation Rate in Latvia is expected to be 70.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Activity Rate is projected to trend around 70.38 percent in 2022 and 70.40 percent in 2023, according to our econometric models.

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Latvia Activity Rate

Actual Previous Highest Lowest Dates Unit Frequency
67.60 67.00 70.20 59.90 2002 - 2021 percent Quarterly
NSA

Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.90 8.10 21.30 5.30 percent [+]
Employed Persons 862.00 853.00 1404.00 830.00 Thousand [+]
Unemployed Persons 59040.00 64392.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 2.40 2.10 10.10 1.20 percent [+]
Youth Unemployment Rate 13.70 15.10 41.00 7.60 percent [+]
Labour Costs 131.00 132.50 132.50 34.64 points [+]
Job Vacancies 25060.00 21326.00 29704.00 1643.00 [+]
Wages 930.00 905.00 932.00 113.00 EUR/Month [+]
Minimum Wages 500.00 500.00 500.00 75.18 EUR/Month [+]
Population 1.91 1.92 2.67 1.91 Million [+]
Retirement Age Women 63.75 63.50 63.75 59.50 [+]
Retirement Age Men 63.75 63.50 63.75 62.00 [+]
Labor Force Participation Rate 67.60 67.00 70.20 59.90 percent [+]
Productivity 117.90 122.90 122.90 40.90 points [+]
Part Time Employment 59.70 71.60 116.00 48.80 Thousand [+]
Employment Change -3.90 -0.50 3.40 -6.70 percent [+]
Employment Rate 61.60 63.80 65.60 50.80 percent [+]
Full Time Employment 757.80 740.50 984.30 720.30 Thousand [+]