International Internet Magazine. Baltic States news & analytics
Thursday, 03.09.2015, 07:25
Seasonally adjusted monthly estimates of the Central Statistical Bureau (CSB) show that in July 2015 there were 890.5 thsd employed persons in Latvia, which is 0.4% less than in June 2015. Unemployment rate in June and July was 10.1%, and the number of employed persons has not changed since June, accounting for 100 thsd persons.
Keyword tags: Analytics, Employment, Labour-market, Latvia, Markets and Companies
The euro area (EA19) seasonally-adjusted unemployment rate was 10.9% in July 2015, down from 11.1% in June 2015, and from 11.6% in July 2014. This is the lowest rate recorded in the euro area since February 2012, reports LETA/ELTA, referring to Eurostat, the statistical office of the European Union (EU).
The trade unions and employers in Lithuania are going to establish a Guarantee Fund that will be used to pay out additional severance payments to employees, who will have accumulated a longer period of service, reports LETA/ELTA.
The latest statistical data has revealed that in the second quarter of 2015, compared with the previous quarter, the average number of employed people increased by 9,900 (+0.8%). Employment growth shows that the number of job vacancies has also increased, especially in the private sector, reports LETA/ELTA.
Statistics Lithuania has announced that at the end of the second quarter of 2015 there were 13,400 job vacancies for salaried employees, informs LETA/ELTA.
The usual seasonal drop in unemployment in Latvia has not been observed in summer 2015, the director of the State Employment Agency Inese Kalvane told Latvian Television this morning, cites LETA.
The registered unemployment rate in Latvia did not change in July 2015 and stood at 8.6% of the economically-active population at the end of last month, reports LETA, according to information on the State Employment Agency's website.