Employment Rate in Latvia increased to 65.60 percent in the third quarter of 2019 from 64.70 percent in the second quarter of 2019. Employment Rate in Latvia averaged 58.29 percent from 2002 until 2019, reaching an all time high of 65.60 percent in the third quarter of 2019 and a record low of 50.80 percent in the first quarter of 2010.

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Latvia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
65.60 64.70 65.60 50.80 2002 - 2019 percent Quarterly
NSA

Latvia Employment Rate
In Latvia, the employment rate measures the number of people who have a job as a percentage of the working age population.

Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.00 6.40 21.30 5.30 percent [+]
Employed Persons 917.80 905.60 1404.00 830.00 Thousand [+]
Unemployed Persons 53783.00 52651.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 2.50 3.00 10.10 1.20 percent [+]
Youth Unemployment Rate 10.50 10.20 40.90 7.60 percent [+]
Labour Costs 124.11 121.10 124.11 34.64 points [+]
Job Vacancies 28712.00 29704.00 29704.00 1643.00 [+]
Wages 783.00 799.00 822.00 113.00 EUR/Month [+]
Minimum Wages 430.00 430.00 430.00 75.18 EUR/Month [+]
Population 1.93 1.95 2.67 1.93 Million [+]
Retirement Age Women 63.25 63.00 63.25 59.50 [+]
Retirement Age Men 63.25 63.00 63.25 62.00 [+]
Labor Force Participation Rate 69.00 69.20 70.20 59.90 percent [+]
Part Time Employment 68.80 70.00 116.00 48.80 Thousand [+]
Productivity 135.20 134.40 136.70 44.30 points [+]
Employment Change 1.00 -1.10 3.50 -6.70 percent [+]
Employment Rate 65.60 64.70 65.60 50.80 percent [+]
Full Time Employment 797.90 792.80 984.30 720.30 Thousand [+]