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Saturday, 18.04.2015, 18:09
In March 2015, the number of persons registered as unemployed reduced by 1,269 persons in Latvia, which was 1.4% less than the previous month, reports LETA, according to the State Employment Agency's data.
Keyword tags: Analytics, Employment, Labour-market, Latvia, Markets and Companies
The rapid rise in labour costs may restrict investment opportunities in Estonia, Estonia's central bank Eesti Pank said in its fresh labour market survey on Wednesday, reports LETA.
There were better employment opportunities in March 2015, as a 28.4% increase of job offers was recorded in Lithuania. The demand for fixed-term contracts grew particularly. More job proposals were registered for operators of mobile agricultural and forestry machinery, nursing specialists, painters, construction and mechanical engineers, informs LETA/ELTA.
In 2014, average hourly labor costs in Latvia were estimated to be EUR 6.6, which is the fourth lowest indicator in the European Union (EU), according to the latest data published by Eurostat. Lithuania had the third lowest indicator and Estonia – 10th, writes LETA.
In 2014, 16 people lost their lives in a work-related accident in Estonia; there were altogether 4,635 occupational accidents, which is nearly 11% more than the previous year, said the Director General of the Labour Inspectorate Maret Maripuu, LETA/Public Broadcasting reports.
Data of Central Statistical Bureau (CSB) show that at the end of 2014 there were 867.9 thsd occupied posts in Latvia, which is 5.9 thsd posts or 0.7% more than at the end of 2013. Over the year the number of occupied posts in private sector (1) grew by 2.2 thsd or 0.4%, reaching 577.6 thsd posts.
Average hourly labor costs in Latvia increased by 6.1% in the fourth quarter of 2014, compared to the respective period in 2013 – the third steepest increase across the European Union, according to the latest data from the EU's statistical office Eurostat. Estonia was even second, writes LETA.