International Internet Magazine. Baltic States news & analytics
Tuesday, 28.02.2017, 09:40
Registered unemployment rate in Estonia grows to 4.5% in 2016
At the end of December 28,438 people were registered as out of work, which is 4.5% of the labor force. Of them 5,328 were with limited capacity for work.
While as a result of the work capacity reform the share of people with limited capacity for work among the customers of the Unemployment Insurance Fund grew, the overall number of registered unemployed declined during the year. At the end of 2016 the number of unemployed persons was 4.5%t smaller than at the end of 2015.
The rate of registered unemployment was highest as usual in East-Viru County at 10.3% and Valga County at 8%, and lowest in the Harju and Tartu counties at respectively 3.2% and 3.3%. Manual workers and skilled workers and artificers made up the biggest part of the registered jobless who had previously worked, accounting for 22% and 18 percent. Next, at 17%, came service and sales personnel.
New job offers added to the list of offerings of the Unemployment Insurance Fund numbered 3,122. In December 7,431 people found work or started business with the help of the Unemployment Insurance Fund.
Recipients of the unemployment insurance benefit numbered 10,239 in December, making up 32% of the registered jobless. The average benefit per calendar month was 433 euros and the sum total disbursed was roughly 3.8 mln euros. The basic unemployment allowance of 137 euros a month was paid to 7,020 persons, 22% of the total number of registered jobless.
The redundancy benefit was paid to 457 people in December and the average size of the benefit awarded in that month was 1,758 euros. The sum total paid out in redundancy benefits was 766,000 euros. The benefit in case of insolvency of the employer was awarded to 155 persons. The average size of the benefit was 1,751 euros and overall more than 372,000 euros was disbursed under that item.