Continuous growth in employment

14.11.2013

In the 3rd quarter of this year, active population of Latvia was comprised by 1.026 million people or 66.9% of country residents aged 15-74; males comprised 71.2%, while females – 63.1%. Labour Force Survey results compiled by the Central Statistical Bureau of Latvia show that, in comparison with the 3rd quarter of 2012, active population has reduced by 0.9%; whereas, as compared to the 2nd quarter of 2013, it has increased by 2.3%.

In the 3rd quarter, number of employed persons constituted 906.1 thousand or 59% of the population aged 15-74 – an increase of 17.1 thousand, compared to the 2nd quarter. Increase in the number of employed persons may be observed also when comparing data with the information on the 3rd quarter of 2012, when number of employed persons in this age group accounted for 894.7 thousand or 57.4%.

Women in the total number of employed persons comprised slightly higher share than men – 50.5% and 49.5%, respectively. Only 8.7% of them did not work due to various reasons, e.g., vocation, illness, childcare leave, education or training. The number employed persons includes 5.8 thousand people, which still having the status of unemployed during the reference week were employed.

Employment rate in the Baltic States and European Union, per cent

 

Data source: Eurostat database, for data on the 3rd quarter of 2013 – Labour Force Survey of Latvia and Estonia.

Within the framework of the Labour Force Survey, also information on wages and salaries was acquired.In comparison with the 3rd quarter of 2012, the share of employees receiving minimum monthly wage or less has reduced, while slight increase was recorded in the group of people receiving more than LVL 300 (EUR 426.86).

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

 

Q3 2012

Q2 2013

Q3 2013

Employees

100.0

100.0

100.0

Up to LVL 200.00

Up to EUR 284.57

32.2

28.9

27.9

 

of which:

employees receiving minimum monthly wages and salaries or less1

20.2

16.4

16.7

LVL 200.01 – 300.00

EUR 284.58-426.87

29.6

28.6

27.6

LVL 300.01 – 500.00

EUR 426.87-711.44

23.5

26.3

27.3

LVL 500.01 – 1000.00

EUR 711.45-1422.87

8.2

9.3

10.0

LVL 1000.01 and more

EUR 1422.88 and more

1.2

1.6

1.8

Was not calculated or paid

3.1

2.4

2.5

Not specified

2.2

2.9

2.9

In the 3rd quarter of this year, the number of unemployed persons aged 15-74 comprised 120.9 thousand – 20.9 thousand persons less, as compared to the corresponding period of the previous year. Unemployment rate (share of unemployed persons in the total active population) constituted 11.8%, and during the year it has dropped by 1.9 percentage points (in 3rd quarter of 2012 - 13.7%). 

In comparison with the corresponding period of the previous year, number of inactive population aged 15-74, in the 3rd quarter of 2013, has declined by 2.7% and it comprised 509.1 thousand persons.

Particular attention in this group should be given to the persons who are potential unemployed, but have been discouraged or do not know where and how to find a job. Survey results indicate that, during the reference quarter, discouraged persons accounted for 33.7 thousand or 6.6% of the inactive population.In comparison with the 3rd quarter of 2012, their number has increased by 1.6 thousand.

Within the framework of the Labour Force Survey, 4.2 thousand households were surveyed and 7.4 thousand persons aged 15-74 were interviewed.

More information on the Labour Force Survey results and methodology is available in the CSB database.  

 

 

More information:
Zaiga Priede
Employment Statistics Section
Tel.+371 67366886

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1 Net wages and salaries are calculated basing on the minimum gross wages and salaries.2012. In 2012 and 2013 minimum monthly wage comprised LVL 200.