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Unemployment down to pre-crisis level

Unemployment in Latvia has fallen to 8.9 percent of the economically active population, State Employment Agency director Inese Kalvane told the morning news program of the LNT TV channel Friday morning.

The figure was an improvement on the 9.3 percent level at the beginning of the year, on a day with more than one piece of good news on the economy.

"The unemployment rate has decreased to the lowest level since the start of the crisis... Traditionally, the unemployment rate declines fastest in April, May and September,” Kalvane said.

Also on Friday the central statistics office released data showing that compared to April, industrial production volume in May rose by 0.3% according to seasonally adjusted prices.

The volume of industrial production rose by 4.2% on electricity and gas supply, but there was a reduction in manufacturing by 0.7%.

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