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Unemployment rate in Latvia at 6.5% in Q3

Photo: LETA, Evija Trifanova
November 16, 2023, 15:19
Employment
Authors: Eng.LSM.lv (Latvian Public Broadcasting)

Results of the Labour Force Survey published on November 16 by the Central Statistical Bureau (CSB) show that in Q3 2023 Latvia had an unemployment rate of 6.5 %. 

Over the quarter it grew by 0.1 percentage points and over the year reduced by 0.4 percentage points.

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In Q3 2023 there were 61.5 thousand unemployed persons aged 15–74 (incl.), which is 4.9 thousand fewer than a year ago and 0.9 thousand more than in the previous quarter.

In Q2 2023 Latvian unemployment rate (6.4 %) was 0.6 percentage points above the EU average (5.8 %). In Q3 2023 it was lower than in Estonia (7.3 %) and higher than in Lithuania (6.2 %).

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