Estonia's unemployment rate decreased to 5.5 percent in the first quarter of 2022 from 7.1 percent in the corresponding period last year. The number of unemployed dropped by 9.2 thousand to 39.6 thousand while the number of employed increased by 24.8 thousand to 675.3 thousand. There were 21,6 thousand unemployed men and 18 thousand unemployed women. The labor force participation rate increased to 73.1 percent from 70.9 percent in the same period of 2021 while the employment rate advanced to 69 percent from 65.9 percent. In the fourth quarter 2021, the jobless rate was at 5.2 percent. source: Statistics Estonia
Unemployment Rate in Estonia averaged 8.02 percent from 1989 until 2022, 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. Estonia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Unemployment Rate in Estonia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Unemployment Rate is projected to trend around 5.50 percent in 2023 and 5.40 percent in 2024, according to our econometric models.