Unemployment rate slightly up in Latvia

Data of the Labour Force Survey published December 20 by the Central Statistical Bureau (CSB) show that in November 2021 actual unemployment rate comprised 7.1 %, which is 0.4 percentage points more than in October.

The unemployment rate for males increased by 0.3 percentage points to 7.9 % in November, while for females it rose by 0.6 percentage points to 6.3 %.

The unemployment rate registered with the State Employment Agency (SEA) was 6.4 %, which is 0.4 percentage points more than in October. Compared to November of the previous year, the actual unemployment rate has decreased by 0.7 percentage points, the registered unemployment rate – by 1.0 percentage points.

In November 2021 there were 67.0 thousand unemployed in Latvia (29.4 thousand females and 37.6 thousand males), which is 4.1 thousand more than in October, but 8.6 thousand less than in the respective period of the previous year. During the month, the number of unemployed males has increased by 1.3 thousand, while females – by 2.8 thousand. It should be noted that in November the requirement came into force that employed in state and municipal institutions, as well as those in the private sector whose work is associated with an increased risk of Covid-19 transmission, could continue perform their duties only with a vaccination or recovery certificate, thus potentially increasing the number of unemployed people.

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