In the 3rd quarter employment rate stayed stable – 61.8 %

16.11.2016

Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the 3rd quarter of 2016 in Latvia there were 895.0 thousand employed persons or 61.8 % of the population aged 15–74.

During the year, the employment rate has grown by 0.4 percentage points, and the number of employed persons has decreased by 7 thousand. Compared to the 2nd quarter of 2016, in the 3rd quarter the employment rate did not change, while the number of employed persons fell by 3.5 thousand. The most notable drop in the number of employed persons was recorded in transportation and storage, other service activities, agriculture, forestry and fishing, as well as construction.

Nevertheless since the end of 2012 the employment rate in Latvia exceeds the European Union (EU) average (58.9 % in the 2nd quarter of 2016), in the 3rd quarter of 2016 the indicator was the lowest among the Baltic states – 66.5 % in Estonia and 62.8 % in Lithuania.

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

Data source: Eurostat database; the data on the 3rd quarter of 2016 – Labour Force Surveys of Latvia, Lithuania and Estonia.

In the 3rd quarter of 2016, employment rate among young people (aged 15–24) comprised 32.5 % – 1 percentage point lower than in the corresponding period a year ago. The number of employed young people accounted for 60.9 thousand (in the 3rd quarter of 2015 those were 66.5 thousand).

In the 3rd quarter of 2016, persons employed in the main job worked on average 38.9 hours per week – 0.4 hours fewer than in the 3rd quarter of 2015.

The data of the Labour Force Survey show that, compared to the 3rd quarter of 2015, in the 3rd quarter of 2016 the share of persons receiving small wages and salaries, i.e., less than 450.00 euros monthly, has declined by 44 % (reduction of 4.3 percentage points). The share of persons receiving minimum wage or less has dropped by 2.6 percentage points during the year (20.1 % in the 3rd quarter of 2016).

The share of employees receiving net wages and salaries amounting to 450.01–700 euros has increased by 2.3 percentage points (30.9 % in the 3rd quarter of 2016). The proportion of persons receiving 700.01–1400.00 euros grew by 3.4 percentage points (17.7 % in the 3rd quarter of 2016).

The share of persons receiving high wages and salaries, i.e., more than 1400 euros, has declined by 0.6 percentage points during the year (2.5 % in the 3rd quarter of 2016).

For 3.5 % of employees wage or salary was not calculated or paid, while 1.4 % of the employees refused to specify the size of the wage or salary thereof.

 

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

 

3rd quarter of 2015

2nd quarter of 2016

3rd quarter of 2016

Employees

100.0

100.0

100.0

Up to EUR 450.00

48.3

45.1

44.0

of which

employees receiving minimum monthly wages and salaries or less

22.7

20.9

20.1

EUR 450.01–700.00

28.6

30.1

30.9

EUR 700.01–1400.00

14.3

17.3

17.7

EUR 1400.01 and more

3.1

2.5

2.5

Was not calculated or paid

3.3

3.5

3.5

Not specified

2.4

1.5

1.4

 

Data source: CSB Labour Force Survey

In the 3rd quarter of 2016, Labour Force Survey covered 4 thousand households, in which 7.4 thousand persons aged 15–74 were interviewed.

More information on employment statistics is available in the CSB database section Employment and Unemployment.

 

 

Media requests:
Beate Danuseviča
Information and Communication Section
E-mail: media [at] csb [dot] gov [dot] lv
Phone: +371 67366924, +371 27880666
www.csb.gov.lv
www.twitter.com/CSB_Latvia
www.facebook.com/csplatvija

 

More information on data:
Zaiga Priede
Employment Statistics Section
E-mail: Zaiga [dot] Priede [at] csb [dot] gov [dot] lv
Phone: +371 67366886