Number of job vacancies rising steeply in Latvia

Data released by the  Central Statistical Bureau (CSB) March 18 show that in 2018 there were 22,700 job vacancies in Latvia, which is 5,700 vacancies or 33.4 % more than in 2017. 

In the public sector there were 6.8 thousand and in the private sector 15.9 thousand job vacancies. Over the year, the number of job vacancies in the private sector grew by 5 thousand or 45.3 %, while in the public sector the rise was more modest: 700 thousand or 12.0 %.

In accordance with the CSB methodology, a job vacancy is defined as a new or existing salaried post which is vacant or will be vacant in the nearest time and about which the employer is taking active steps to find a suitable employee. 

Out of the total number of jobs in Latvia (both occupied and vacant), 2.4 % were vacant – 2.3 % of which in public sector and 2.5 % in private sector.

Compared to 2017, in 2018 the average number of occupied posts increased by 9.5 thousand or 1.1 % (by 8.5 thousand or 1.4 % in private sector and by 1.0 thousand or 0.3 % in public sector).

The largest share of job vacancies was recorded among craft and related trades workers (4 % of all jobs in this occupational group) as well as plant and machine operators and assemblers (3 %). Over the year, the sharpest rise was recorded in the demand for plant and machine operators and assemblers, service and sales workers, craft and related trades workers, elementary occupations, as well as clerical support workers. On the other hand, the number of managerial job vacancies dropped.

At the end of the 4th quarter of 2018, in Latvia there were 21.3 thousand job vacancies, while their share in the total number of jobs constituted 2.3 %. The indicator in Lithuania constituted 1.3 % and in Estonia 1.8 %.

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