Estonia's unemployment rate fell to 3.9 percent in the third quarter of 2019 from 5.2 percent in the corresponding period last year. It was the lowest jobless rate since the second quarter of 1992, as the number of unemployed decreased by 9.1 thousand to 27.7 thousand while the number of employed rose by 1.7 thousand to 677.3 thousand. The labor force participation rate decreased to 71.9 percent from 72.0 percent in the same period of 2018 and the employment rate went up to 69.0 percent from 68.2 percent.

Unemployment Rate in Estonia averaged 8.17 percent from 1989 until 2019, reaching an all time high of 19.50 percent in the first quarter of 2010 and a record low of 0.50 percent in the second quarter of 1989. This page provides - Estonia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Estonia

Unemployment Rate in Estonia is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Estonia to stand at 4.30 in 12 months time. In the long-term, the Estonia Unemployment Rate is projected to trend around 5.10 percent in 2020, according to our econometric models.


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Estonia Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.90 5.10 19.50 0.50 1989 - 2019 percent Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2019-02-14 06:00 AM Q4 4.4% 5.2% 6.00%
2019-05-15 05:00 AM Q1 4.7% 4.4% 5.80%
2019-08-14 05:00 AM Q2 5.1% 4.7% 4.1%
2019-11-14 06:00 AM Q3 3.9% 5.1% 5%
2020-02-14 06:00 AM Q4 3.9% 4.20%


News Stream
2019-08-14
Estonian Jobless Rate Unchanged at 5.1% in Q2
Estonia's unemployment rate stood at 5.1 percent in the second quarter of 2019, the same as in the corresponding period last year, as the number of unemployed decreased by 100 to 35.7 thousand while the number of employed rose by 11,1 thousand to 667.7 thousand. The labor force participation rate fell to 71.7 percent from 71.9 percent in the same period of 2018 and the employment rate edged down to 68.1 percent from 68.2 percent.

2019-05-15
Estonian Jobless Rate Falls to 4.7% in Q1
Estonia's unemployment rate declined to 4.7 percent in the first quarter of 2019 from 6.8 percent in the same period last year, as the number of unemployed decreased by 15,000 to 32.4 thousand while the number of employed rose by 11,300 to 661.8 thousand. The labor force participation rate fell to 70.8 percent from 71.4 percent in the same period of 2018 and the employment rate dropped to 67.5 percent from 66.6 percent.

2019-02-14
Estonian Q4 Jobless Rate Falls to Over 10-Year Low
Estonia's unemployment rate declined to 4.4 percent in the fourth quarter of 2018 from 5.3 percent in the same period last year. It was the lowest jobless rate since the second quarter 2008, as the number of unemployed decreased by 6,300 to 30.9 thousand while the number of employed rose by 7,900 to 675.3 thousand. Meantime, the participation rate edged up to 72.3 percent from 72.2 percent in the same period of 2017.


Estonia Unemployment Rate
In Estonia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 5.10 19.50 0.50 percent [+]
Employed Persons 677.30 667.70 839.10 551.60 Thousand [+]
Unemployed Persons 34.48 33.29 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 0.60 1.10 8.30 0.60 percent [+]
Youth Unemployment Rate 9.00 10.20 42.70 6.60 percent [+]
Labour Costs 118.29 126.05 126.05 29.81 points [+]
Job Vacancies 2.31 3.42 9.53 0.51 Thousand [+]
Wages 1397.00 1419.00 1419.00 7.35 EUR/Month [+]
Wages in Manufacturing 1345.00 1354.00 1354.00 281.91 EUR/Month [+]
Wage Growth 7.40 8.00 21.20 -6.50 percent [+]
Minimum Wages 540.00 540.00 540.00 79.89 EUR/Month [+]
Population 1.32 1.32 1.57 1.21 Million [+]
Retirement Age Women 63.50 63.25 63.50 60.50 [+]
Retirement Age Men 63.50 63.25 63.50 63.00 [+]
Labor Force Participation Rate 71.90 71.70 72.30 61.20 percent [+]
Productivity 126.40 120.10 126.40 58.50 points [+]
Part Time Employment 65.10 69.80 76.70 32.40 Thousand [+]
Full Time Employment 575.70 560.30 599.00 476.80 Thousand [+]
Employment Change 1.00 -0.40 3.40 -5.30 percent [+]
Employment Rate 69.00 68.10 76.50 53.10 percent [+]