Latvia's unemployment rate continued to decline in September

Results of the Labour Force Survey published by the Central Statistical Bureau of Latvia (CSB) on October 19 show that in September 2022 actual unemployment rate in Latvia constituted 6.3 % and compared to August it has reduced by 0.1 percentage points.

The unemployment rate among both females and males decreased by 0.1 percentage points, reaching 4.4 % and 8.1 %, respectively.

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The unemployment rate registered with the State Employment Agency (SEA) accounted for 5.7 %, and since August it has dropped by 0.1 percentage points. Compared to September of the year before, actual unemployment rate has gone down by 0.5 percentage points and registered by 0.3 percentage points.

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In September 2022 there were 59.9 thousand unemployed persons in Latvia (20.7 thousand females and 39.2 thousand males), which is 0.8 thousand fewer than in August and 4.6 thousand fewer than in the corresponding period a year ago. Over the month the number of unemployed males reduced by 0.2 thousand and of unemployed females by 0.6 thousand.

The registered unemployment rate in the SEA is calculated using data on registered unemployed persons held by the Agency and data on active population (employed and unemployed persons) of working age provided by the CSB. The actual unemployment rate is estimated based on not adjusted monthly survey results.

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