Employment rate grew 1.6% last year

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Results of the Labor Force Survey conducted by the Central Statistical Bureau (CSB) show that 909,400 or 64.5% of the Latvia population aged 15–74 were employed in 2018.

Compared to 2017, the employment rate grew by 1.6% and number of employed persons by 14,600.

The most notable rise in the number of employed persons was recorded in construction, wholesale and retail trade; repair of motor vehicles and motorcycles, as well as administrative and support service activities.

Last year, 2,600 of the employed persons participated in complex support activities organised by the State Employment Agency, e.g., had paid temporary community work while still having the status of unemployed.

In the fourth quarter of 2018, 909,800 people aged 15–74 were employed, which is 10,300 people fewer than in the third quarter. The employment rate constituted 64.7%, which is 0.6% lower than in the third quarter.

Nevertheless since the fourth quarter of 2012 the Latvian employment rate exceeds the European Union (EU) average (in the third quarter of 2018 it constituted 60.8 percent), in the fourth quarter it was the lowest rate among the Baltic states – employment rate in Estonia constituted 69.1% and in Lithuania 65.4%.

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