Employment rate grows

15.05.2014

In the first quarter of 2014 there were 881.7 thousand employed persons in Latvia or 58.6% of the total population aged 15-74.  The Labour Force Survey results1 compiled by the Central Statistical Bureau of Latvia show that a year ago, 57.3% of the persons belonging to this age group were employed, and in the 4th quarter of 2013 - 58.6%.  Employment rate has grown with the drop of the number of pupils and students as they have started to work. Also the share of persons who are potential unemployed, but have been discouraged has dropped, and they have entered the labour market. The survey results indicate that, during the reference quarter, discouraged persons accounted for 27.1 thousand or 5.4% of the inactive population. A year ago this share was 6.2%.

Only 4.3% of the employed did not work due to various reasons like vacation, illness, childcare leave, studies. The number of employed persons includes 4.2 thousand people, who still having the status of the unemployed were employed.

The share of women in the total number of the employed was slightly higher than men - 51.3% and 48.7%, respectively.

In the first quarter of 2014 there were 69.3 thsd. employed young people (aged 15 - 24) in Latvia, which is 31.8% of the total number of people of this age group. A year ago this indicator was 29.7%, and in the 4th quarter of 2013 - 31.4%.

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

Data source: Eurostat database, for data on the 1st quarter of 2014 - Labour Force Survey of Latvia and Estonia.

Within the framework of the Labour Force Survey, also information on wages and salaries was acquired. Over the year the share of employees receiving wage of up to EUR 285 has decreased, while compared to the first quarter of 2013, a slight increase was observed in the wage group exceeding EUR 285.

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

 

Q1 2013

Q4  2013

Q1 2014

Employees

100.0

100.0

100.0

Up to EUR 285.00

29.9

28.8

22.2

EUR 285.01-450.00

29.0

28.8

32.8

EUR 450.01-700.00

23.5

24.9

24.9

EUR 700.01-1400.00

10.3

10.7

12.6

EUR 1400.01 and more

1.6

1.8

1.9

Was not calculated or paid

2.8

2.0

1.9

Not specified

2.9

3.0

3.7

Within the framework of the Labour Force Survey, in the 1st quarter of 2014, 4.6 thousand households were surveyed, interviewing 7.8 thousand persons aged 15-74. More information on the Labour Force Survey results and methodology is available in the CSB database.

More information:
Sandra Ceriņa
Employment Statistics Section
Tel. +371 67366653

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1 Starting with 2014, for the Labour Force Survey quarterly data generalisation purposes, the quarterly average number of residents in private households is used (earlier – data at the beginning of the year).