Labour-market

International Internet Magazine. Baltic States news & analytics Sunday, 28.05.2017, 11:30

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The percentage of job seekers in Latvia dropping faster than last year

The percentage of job seekers in Latvia dropping faster than last year

23.05.2017

According to the survey data of the Central Statistical Bureau, the unemployment level has been dropping ever faster since the beginning of 2016.

Keyword tags: Analytics, Banks, Construction, Economics, Labour-market, Latvia



Latvian unemployment rate constituted 9.4%

Latvian unemployment rate constituted 9.4%

22.05.2017

Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the 1st quarter of 2017 the Latvian unemployment rate constituted 9.4%. Compared to the previous quarter, the unemployment rate increased by 0.1 percentage points, whereas, compared to the same period of the year before, the rate reduced by 0.9 percentage points.

The work ability reform has brought additional people into the Estonia`s  labour market

The work ability reform has brought additional people into the Estonia`s labour market

19.05.2017

he share of people of working age who were in employment reached 66.3% in the first quarter. In seasonally adjusted terms it stood at 67.3%, which is the highest figure in recent decades. The unemployment rate was one percentage point lower than a year earlier. Companies had to hire additional labour to accommodate rebounding demand, but labour productivity increased too. Growth in labour productivity will need investment in human capital by companies and a government policy that facilitates the movement of employees towards jobs with higher productivity.


The unemployment rate in Lithuania stood at 8% in Q1 2017

The unemployment rate in Lithuania stood at 8% in Q1 2017

17.05.2017

Statistics Lithuania informs that, according to the Labour Force Survey data, in I quarter 2017, the unemployment rate stood at 8%, and against the respective period 2016, decreased by 0.3 percentage points(ppt), against IV quarter 2016, increased by 0.4 ppt. In I quarter 2017, the male unemployment rate stood at 10.1%, female – 6.1%.

Employment indicators in Estonia improved at the beginning of the year

Employment indicators in Estonia improved at the beginning of the year

15.05.2017

According to Statistics Estonia, in the 1st quarter of 2017, the unemployment rate was 5.6%, the employment rate 66.3% and the labour force participation rate 70.2%. The labour force participation rate reached a record level in comparison with the 1st quarters of previous years.


12.05.2017

CEO of Husqvarna Estonia Jaanus Vahesalu to also head Finnish branch

CEO of Husqvarna Estonia Jaanus Vahesalu has been elected to also head the operation of Husqvarna's Finnish branch, OY Husqvarna AB, as of May and to merge the companies of the two countries, informed LETA/BNS.

09.05.2017

Webhelp outsourcing company to open office in Riga

rench-based business process outsourcing company Webhelp will open an office in Riga, the Latvian Investments and Development Agency reported.

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