Latvia's unemployment rate up in January

Take note – story published 1 year ago

Results of the Labor Force Survey published on February 20 by the Central Statistical Bureau of Latvia (CSB) show that in January 2023 the actual unemployment rate in Latvia accounted for 6.9%, and compared to December 2022 it has increased by 0.2 percentage points.

The unemployment rate among both men and women grew by 0.2 percentage points (to 4.9% and 9.0%, respectively).

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The unemployment rate registered with the State Employment Agency (NVA) constituted 6.3 % and has grown by 0.2 percentage points since December. Compared to January 2022, the actual unemployment rate has gone down by 0.5 percentage points and registered by 0.6 percentage points.

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In January 2023 there were 65.9 thousand unemployed persons in Latvia (23.1 thousand females and 42.8 thousand males), which is a rise of 1.8 thousand over the month and a drop of 3.3 thousand over the year.  Over the month, the number of unemployed males grew by 0.9 thousand and of unemployed females by 0.8 thousand.

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