August unemployment rate dropped slightly in Latvia

Results of the Labour Force Survey published by the Central Statistical Bureau of Latvia (CSB) on September 20 show that in August 2022 actual unemployment rate in Latvia constituted 6.4%.

Compared to July, it has reduced by 0.1 percentage points. The unemployment rate among both females and males decreased by 0.1 percentage point, reaching 4.5 % and 8.2 %.

The unemployment rate registered with the State Employment Agency (NVA) accounted for 5.8 %, and since July it has dropped by 0.2 percentage points. Compared to August of the year before, the actual unemployment rate has gone down by 0.8 percentage points and registered by 0.7 percentage points.

In August 2022 there were 60.7 thousand unemployed persons in Latvia (21.3 thousand females and 39.4 thousand males), which is 0.9 thousand fewer than in July and 7.0 thousand fewer than in the corresponding period a year ago. Over the month the number of unemployed males reduced by 0.6 thousand and of unemployed females by 0.3 thousand.

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