Unemployed return to job market faster, agency data suggest

Unemployed persons registered with the State Employment Agency (NVA) have been observed to return to the labor market faster over the past three years, LETA reported on February 18.

The average time of job placement of persons registered as unemployed in the NVA in 2021 was 158 days, in 2022 – 123 days, and in 2023 – 114 days.

The Minister of Welfare Uldis Augulis (ZZS) evaluates this as a positive tendency, which indicates an increase in the quality of services provided by the Agency, as well as an increase in the qualification of NVA clients.

In 2023, the registered unemployment rate in the country fell by 0.4 percentage points - from 6.1% in early 2023 to 5.7% in early 2024. At the end of December 2023, the NVA accounted for 50,344 unemployed persons. Compared to late December 2022 data, the number of unemployed had fallen by 3,192 people, or 6%, in 2023.

In 2023, 54,539 unemployed persons were recruited, of whom 9,005 have been recruited after the completion of a training, employment, or support measure of the NVA.

In 2023, there were 3,244 long-term unemployed persons, of whom 2,469 persons or 76.1% had settled after the completion of an NVA event. The average placement time for the long-term unemployed registered in the sea was 486 days in 2021, 579 days in 2022, and 520 days in 2023.


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