Flash estimates by the State Employment Agency say registered unemployment in Latvia has dropped to 6.6% in May, said the agency's head Evita Simsone in an interview with LTV May 24.
The registered unemployment level in Latvia fell to 6.7 percent this past April, which is 0.3 percentage points less than in March, according to the State Employment Agency's data.
Latvia should only seek to attract high-skilled employees at the moment, as the local job market is not yet saturated and local job shortages mean increasing focus should be put on mobility, Latvia's PM Māris Kučinskis told Latvian Radio April 5.
Compared to the 4th quarter of 2016, in the 4th quarter of 2017 hourly labour costs rose by 54 cents or 7.3 %, reaching EUR 8.02. Seasonally adjusted data show identical changes – rise of 7.3 %, according to data released March 16 by the Central Statistics Bureau (CSB).
Data released by the Central Statistical Bureau (CSB) March 1 show that in 2017 the average gross wages and salaries for full-time work in Latvia comprised 926 euros.
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) and released February 22 show that last year, Latvia's unemployment rate constituted 8.7 %, which is 0.9 percentage points lower than in 2016.
The Latvian Cabinet of Ministers on February 20 approved the list of professions where there is a shortage of labor force in Latvia and therefore highly skilled professionals from abroad could be invited to work in Latvia.
The Cabinet of Ministers on February 13 postponed making a decision on how to attract skilled foreign professionals, saying that discussions are still needed on which separate professions to include on a list.
Latvian airline airBaltic is inviting aspiring airline pilots to apply the airline’s newly established Pilot Academy.
Wages are likely to rise at an increasing rate in Latvia next year, Swedbank said November 29 in a commentary on the issue.
New data from the Organization for Economic Cooperation and Development (OECD), of which Latvia is a member, draws attention to large variations in unemployment in the country according to region and says more should be done to provide affordable housing in its latest economic outlook.
Journalists from the Baltic Center for Investigative Journalism, Re:Baltica, have released the latest in a series of features examining the future of Latvia's labor market.
Investigative journalism outfit the Baltic Center for Investigative Journalism, Re:Baltica, has released the second feature in its ongoing series about the demographic challenges facing Latvia.
New data released August 28 by the Central Statistical Bureau (CSB) show that in the second quarter of 2017 average gross wages and salaries for full-time work exceeded 900 euros, coming in at 927 euros.
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2017 the Latvian unemployment rate constituted 8.9 %.
Compared to the previous quarter, the unemployment rate decreased by 0.5 percentage points, whereas, compared to the same period of the year before – by 0.6 percentage points.
In July, registered unemployment in Latvia was at its lowest level over the past eight years.
Minister of Welfare Janis Reirs participated in the opening of a new cross-border labor market integration and employment promotion project August 3.,
Under a reform plan proposed by the Latvian State Chancellery July 26, the number of public administration employees is to be cut by 6 percent over the next three years while their salaries are to be increased to bring them closer to the pay level in the private sector.
The unemployment rate across Latvian municipalities and cities ranged from a record low 2.7% in Garkalne to 24% in the Cibla municipality in year-end 2016.
In the first quarter of 2017 the Latvian unemployment rate constituted 9.4 %, according to a Labour Force Survey conducted by the Central Statistical Bureau (CSB).
The Economics Ministry has drawn up a list of jobs that will be the hardest to fill in the future, and which may in certain circumstances be offered to foreigners. The list includes a total of 29 professions.