International Internet Magazine. Baltic States news & analytics
Friday, 13.12.2019, 06:09
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that Latvian unemployment rate constituted 6.0 % in the 3rd quarter of 2019. Compared to the previous quarter, unemployment rate fell by 0.4 percentage points, while over the year it reduced by 1.0 percentage points.
Keyword tags: Analytics, Employment, Latvia, Statistics
Estonian Minister of Finance Martin Helme emphasized that the money laundering scandals of Nordic banks are not the problem of Baltic countries as the banks' management and principal decisions regarding business strategy were made at the headquarters, not on site, cited LETA/BNS.
According to Statistics Estonia, in the 3rd quarter, the unemployment rate was 3.9%, the labour force participation rate was 71.9% and the employment rate was 69%. The estimated number of employed persons was 677,300, which is 10,700 more than in the same quarter of the previous year. The number of long-term unemployed also declined.
It appears from a Europe-wide study that Tallinn is the fastest segregating capital in Europe and the continuation of segregation at the same pace would lead to the splitting of the population of Tallinn and have a devastating effect on the economy already in a few decades, reported LETA/BNS.
Riga Vice Mayor Vadims Baranniks has suspended the board of Rigas Centraltirgus (Riga Central Market), municipal market operator, the vice mayor confirmed in a conversation with LETA.
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that 917.8 thousand people or 65.6% of the population of Latvia aged 15–74 were employed in the 3rd quarter of 2019. Over the year, employment rate grew by 0.3 percentage points, and number of employed persons fell by 2.3 thousand. During the period, population declined faster than the number of employed persons.
Latest data compiled by the Central Statistical Bureau (CSB) show that 1.03 million foreign and Latvian visitors stayed at Latvian tourist accommodation establishments in the 3rd quarter of 2019, which is 0.5% more than in the 3rd quarter of 2018.