Employment Rate in Latvia decreased to 63.80 percent in the fourth quarter of 2020 from 64.30 percent in the third quarter of 2020. source: Central Statistical Bureau of Latvia

Employment Rate in Latvia averaged 58.69 percent from 2002 until 2020, 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. This page provides - Latvia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Employment Rate - values, historical data and charts - was last updated on December of 2021.

Employment Rate in Latvia is expected to be 65.76 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Latvia to stand at 66.18 in 12 months time. In the long-term, the Latvia Employment Rate is projected to trend around 66.50 percent in 2022 and 66.64 percent in 2023, according to our econometric models.

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Latvia Employment Rate

Related Last Previous Unit Reference
Unemployment Rate 7.20 7.90 percent Sep/21
Employed Persons 877.00 862.00 Thousand Sep/21
Wages 928.00 940.00 EUR/Month Sep/21
Population 1.91 1.92 Million Dec/20
Labor Force Participation Rate 67.60 67.00 percent Jun/21
Employment Rate 61.60 63.80 percent Mar/21
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.