Positive trends observed in employment and unemployment statistics

21.03.2012

Central Statistical Bureau (CSB) informs that in 2011 employment and unemployment indicators in the country have improved. After the three-year reduction employment rate is increasing and reaching 55.3%, and it is 2.2 percentage points more than a year before. Nevertheless employment is at the level of 2002 and 7.3 percentage points lower than before crisis in 2008, when it reached 62.6%.

Positive trends can be observed also in unemployment statistics. Unemployment rate (share of unemployed persons) has diminished by 3.3 percentage points, thus interrupting the rise lasting for three years.

Employment rate and unemployment rate1, per cent

1 Persons aged 15–74

CSB indicates that more detailed employment statistics data on 2011 will be published on May 15, when the survey data will be recalculated in compliance with the results of the Population and Housing Census. The recalculation is necessary because data of the Population and Housing Census confirmed that number of Latvia population is smaller than indicated in the Population Register used for the calculations in the CSB.

Further employment statistics data (Labour Force Survey) on 2011 and 2012 will be published basing on the population number acquired in the Population and Housing Census, and, until the recalculation of the previous periods is completed, they will not be comparable with the information published prior.

It has been planned to complete the recalculation of the Labour Force Survey results on 2001–2010 in the 2nd half of 2013.

 

Prepared by the Employment Statistics Section
Zaiga Priede
Tel. 67366886