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.