In 2015, employment rate in Latvia constituted 60.8 %, number of employed persons has grown by 11.4 thousand

23.02.2016

Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in 2015 in Latvia there were 896.1 thousand employed persons or 60.8 % of the population aged 15–74. Compared to the previous year, in 2015 employment rate increased by 1.7 percentage points, and number of employed persons – by 11.4 thousand. Employment rate among men grew by 1.5 percentage points, and among women – by 1.8 percentage points. In the 4th quarter of 2015, 900 thousand persons were unemployed – a drop of 2 thousand or 0.2 % over the 3rd quarter. In the 4th quarter of 2015, employment rate remained the same as in the 3rd quarter – 61.4 %.

In 2015, the most notable increase in the number of employed persons was recorded in agriculture, forestry and fishing, as well as in human health and social work activities, whereas the most significant reduction was observed in wholesale and retail trade; repair of motor vehicles and motorcycles, as well as in manufacturing.

In 2015, 3.3 thousand people out of the total number of employed persons, preserving the status of a registered unemployed, were employed in active employment measures organised by the State Employment Agency, for example, in paid temporary public works. In the 4th quarter of 2015, there were 4.7 thousand such persons.

Since the end of 2012, employment rate in Latvia has been above the average rate in the European Union (in the 3rd quarter of 2015 it was 58.5 %), but since the end of 2014 – also above the employment rate in Lithuania. The highest employment rate among the Baltic States was recorded in Estonia (in the 4th quarter of 2015 it was 65.0 %), while the lowest – in Lithuania (60.7 %).

Employment rate in the Baltic States and the European Union, %

Data source: Eurostat database, for data on the 4th quarter of 2015 – Labour Force Survey in Latvia, Lithuania and Estonia.

In 2015, employment rate among young people aged 15–24 comprised 34.5 % – a rise of 2 percentage points over 2014. In 2015, 69.4 thousand young people were employed (in 2014 – 69.1 thousand).

Compared to the 3rd quarter, in the 4th quarter of 2015 the number of employed young people has grown slightly (by 4 thousand or 6 %) and reaches 70.5 thousand.

In 2015, employed persons in the main job worked on average 38.3 hours weekly – 0.3 hours less than in 2014. In the 4th quarter of 2015, employed persons in the main job worked on average 37.5 hours weekly – 1.8 hours less than in the 3rd quarter.

Information obtained in the Labour Force Survey shows that, compared to 2014, in 2015 the share of employees receiving net wages and salaries of up to EUR 450.00 has decreased by 4.8 percentage points. The share of employees receiving minimum wage or less rose by 2.6 percentage points.  However, it should be noted that in 2014 minimum monthly wage constituted EUR 320, and in 2015 – EUR 360. The share of persons labour remuneration of which was from EUR 450.01 to EUR 700.00 (after taxes) has grown by 3.2 percentage points.

Employees by monthly net (after taxes) wages and salaries in the main job, %

 

2014

2015

2015

1st quarter

2nd quarter

3rd quarter

4th quarter

Employees

100.0

100.0

100.0

100.0

100.0

100.0

Up to EUR 450.00

53.3

48.5

51.2

48.9

48.3

45.7

of which

employees receiving minimum monthly wages and salaries or less

19.1

21.7

20.7

22.9

22.7

20.4

EUR 450.01 – 700.00

27.1

30.3

30.1

31.3

28.6

31.4

EUR 700.01 – 1400.00

13.3

14.3

13.4

13.6

14.3

16.1

EUR 1400.01 and more

1.8

2.3

1.9

1.8

3.1

2.5

Was not calculated or paid

2.0

2.6

1.6

2.2

3.3

2.7

Not specified

2.5

2.0

1.8

2.2

2.4

1.6

In 2015, Labour Force Survey covered 15.8 thousand households, in which 30.3 thousand persons aged 15–74 were interviewed.   In the 4th quarter of 2015, the survey covered 3.8 thousand households, in which 7.2 thousand persons aged 15–74 were interviewed.

More information on employment statistics is available in CSB database section Employment and Unemployment.Results of the Labour Force Survey are published in CSB database section "Employment and unemployment" (Short term statistics data and Annual statistics data).

 

Media requests:
Beate Danusēviča, Kristīne Romanovska
Information and Communication Section
E-mail: media [at] csb [dot] gov [dot] lv
Tel.: + 371 67366924, + 371 67366621, + 371 27880666
www.twitter.com/CSB_Latvia
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More information on data:
Zaiga Priede
Employment Statistics Section
E-mail: Zaiga [dot] Priede [at] csb [dot] gov [dot] lv
Tel.: + 371 67366886