International Internet Magazine. Baltic States news & analytics
Monday, 24.10.2016, 09:57
According to a survey carried out by the employment portal cvmarket.lv, 86 % of employees in Latvia have official employment contracts and pay all taxes, informs LETA.
Keyword tags: Analytics, Estonia, Labour-market, Latvia, Markets and Companies, Shadow economy, Wages
The recently appointed director of the Estonian president's office, Tiit Riisalo, will for the time being continue work on the supervisory board of Estonian Railways, informs LETA/BNS.
The public Latvian Television (LTV) reported on Tuesday evening that the four candidates shortlisted for the third round in the competition for the top position at the State Revenue Service are Andris Nikitins, Kaspars Rumba, Kristaps Klauss and Ilze Cirule, reports LETA.
A figure in the budget of Lithuania's state-run social insurance fund Sodra warns that if several thousand more people enter the labor market than leave it in 2017 and 2018, the total number of the insured will remain unchanged and the labor market will come close to its bottom as soon as in 2019, the business daily Verslo Zinios reported on Tuesday cites LETA/BNS.
The Latvian national airline airBaltic is planning to recruit around 1,000 professionals over the next five years to support the carrier's growth under Horizon 2021 business plan, the airline announced.
Latvia's registered unemployment rate was down to 7.9% in September, the State Employment Agency said LETA.
Latvia is going to tumble into "a huge tax pit" in 2017 due to introduction of minimum social insurance contributions for employees which will mean a rise in labor costs, financial expert Agnese Pastare, the owner of PB Finanses accounting company, warned in an open letter to the Latvian top state officials, lawmakers, ministries and business organizations.