Unemployment rate in Latvia at 6.5% in Q3

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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