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Friday, 29.03.2024, 08:36
Estonia's employment rate in Q3 highest in last 20 years
In the 2nd quarter of 2017, the labour force participation rate was at its
highest in recent years, mainly due to an increase in the number of unemployed
persons. In the 3rd quarter, the labour force participation rate remained on
the same level, but typically for summer, unemployment decreased and employment
increased, resulting in the highest employment rate for 20 years.
Compared to the 3rd quarter of
2016, the number of employed persons increased by 13,000 persons.
In the most active age group
in the labour market, i.e. among the 25–54-year-olds, 90% of men and 79% of
women were employed. Among the 55–64-year-olds, men and women were equally
active in the labour market (labour force participation rate 72%), but the employment
rate was higher among women. In this age group, 8% of men capable of working
and willing to work were unemployed.
Compared to the 3rd quarter of
2016, the number of unemployed persons dropped by 16,000 persons and the
unemployment rate by 2.3 percentage points. In the 3rd quarter of 2017, the
unemployment rate for Estonians was 4.4% and for non-Estonians, 7%.
The number of inactive persons
continues to decline. Compared to the 3rd quarter of 2016, there were less of
those who were inactive due to parental leave or caring for children or other
family members, but more of those who were inactive because of ongoing studies.
Compared to the same period of the previous year, there were also more of those
who were inactive due to illness or disability, but compared to the 2nd quarter
of 2017, the number of persons inactive for this reason remained unchanged.
The employment
rate is the share of the employed in the working-age population (aged 15–74)
and the unemployment rate is the share of the unemployed in the labour force
(the sum of employed and unemployed persons). The labour force participation
rate shows the share of the labour force in the population aged 15–74.
The estimates are
based on the data of the Estonian Labour Force Survey. Statistics Estonia
has been conducting the Labour Force Survey since 1995 and every quarter, 5,000
persons participate in the survey. The Labour Force Survey is carried out by
statistical organisations in all the European Union Member States on the basis
of a harmonised methodology. In Estonia, the main representative of public
interest is the Ministry of Social Affairs, commissioned by whom Statistics
Estonia collects and analyses the data necessary for conducting the statistical
activity.