Press Release

In October actual unemployment rate constituted 7.7 % and registered – 7.4 %

Data of the Labour Force Survey (LFS) conducted by the Central Statistical Bureau (CSB) show thatin October 2020 actual unemployment rate comprised 7.7 %, which is 0.3 percentage points less than in September. Unemployment rate registered by the State Employment Agency (SEA) accounted for 7.4 % which is 0.3 percentage points less than in September. Unemployment rate increase may be observed when comparing the data to the October of the previous year – of 2.1 percentage points in actual unemployment rate and 1.7 percentage points in registered unemployment rate.

In October 2020 there were 74.9 thousand unemployed in Latvia, which is 2.5 thousand less than in September and 20.8 thousand more than in the respective period of the previous year. During the last 8 months since the first declaration of emergency situation, compared to the actual monthly unemployment data of February 2020, the number of unemployed has increased by 3.3 thousand.

Data on the actual unemployment rate in previous periods were updated accordingly calculation methodology.

 

Registered and actual unemployment rate is calculated based on the SEA data and results of LFS conducted by the CSB. SEA data are only on population of working age.

 

CSB reminds that during the time of change information on population employment is important to assess impact of the current situation on the national economic and social processes and therefore is asking population to be active and participate in surveys. CSB would like to say thank you to everyone who took part in surveys and helped to assess the effect of the current situation on national processes. 

 

Information on unemployment rate and number of unemployed persons aged 15–74 by sex and month is available in the database table – NB002m

Registered unemployment rate by month is available on the – SEA website

Methodology used for the CSB monthly estimates is published in the website section Employment and unemployment

Seasonal Adjustment of Time Series During COVID-19 Crisis

Socio-economic indicators of the emergency situation are available on the CSB website

 

Media requests:
Communication Section
E-mail: media@csb.gov.lv
Phone: +371 67366989, +371 27880666

More information on data:
Zaiga Priede
Social Statistics Methodology Section
E-mail: Zaiga.Priede@csb.gov.lv
Phone: +371 67366886

 

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