Analytics, Employment, Estonia, Financial Services, Insurance
International Internet Magazine. Baltic States news & analytics
Friday, 19.04.2024, 06:17
Estonia's registered unemployment at 4.6% in October
The rate of registered
unemployment remained the highest in East-Viru County with 9.3% and in Valga
County with 8.5%. Unemployment was lowest in Harju County with 3.4% and in
Saare County with 3.8%. Unskilled workers made up the biggest part of the
registered jobless who had previously worked, accounting for 23% of the total,
ahead of service and sales personnel at 18% and skilled workers and craftsmen
at 17%, the Unemployment Insurance Fund said.
The number of persons with limited capacity for work
was 9,113, making up 31% of all registered unemployed. The number of persons
with limited capacity for work continue to grown in October and resulting from
seasonal impacts, the number of other unemployed also slightly increased.
Similarly to previous years, participation in labor market services has
increased during fall months. There has been an increase in the interest in
training for employees.
During the month 4,500 new offers were added to the
job offers available via the Unemployment Insurance Fund. The number of the job
offers added during the month was the same compared to the previous month and
6% higher compared to the October 2016. The Unemployment Insurance Fund had a
total of 9,800 jobs on offer during the month. The biggest part of jobs on
offer were for service and sales personnel with 24%, skilled workers and
craftsmen with 21%, and unskilled workers with 20% of all jobs.
During the month 3,800 people, including 789 persons
with limited capacity for work, found employment or started business with the
help of the Unemployment Insurance Fund.
Recipients of the unemployment insurance benefit
numbered 9,000 in October, making up 26% of the registered jobless. The average
benefit per calendar month was 449 euros and the sum total disbursed surpassed
3.4 million euros. The basic unemployment allowance of 151 euros a month was
paid to 6,800 persons, 20% of the total number of registered jobless.
The redundancy benefit was paid to 395 people in
October and the average size of the benefit awarded in that month was
2,047euros. The sum total paid out in redundancy benefits was more than 847,000
euros. The benefit in case of insolvency of the employer was awarded to 62
persons. The average size of the benefit was 2,264 euros and overall more than
220,000 euros was disbursed under that item.