Estonia's unemployment rate ticked lower to 5.6 percent in Q3 of 2022 from 5.7 percent in the corresponding period last year. The number of unemployed edged up 0.7 thousand to 40.6 thousand, while the number of employed increased by 22.5 thousand to 680.1 thousand. There were 21.2 thousand men unemployed, down from 23.1 thousand a year earlier. At the same time, there were 19.5 thousand women unemployed, up from 16.8 thousand previously. The labor force participation rate increased to 73.7 percent from 71.5 percent a year earlier, while the employment rate went up to 69.5 percent from 67.4. In Q2 of 2022, the jobless rate was at 5.8 percent. source: Statistics Estonia
Unemployment Rate in Estonia averaged 7.99 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 December of 2022.
Unemployment Rate in Estonia is expected to be 5.30 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.