Actual unemployment rate has increased by 0.4 percentage points
Data of the Labour Force Survey (LFS) conducted by the Central Statistical Bureau (CSB) show that in December 2020 actual unemployment rate comprised 8.3 %, which is 0.4 percentage points more than in November. Unemployment rate registered by the State Employment Agency (SEA) accounted for 7.7 % - an increase of 0.3 percentage points, compared to November. Unemployment rate increase may be observed when comparing the data to the December of the previous year – of 1.7 percentage points in actual unemployment rate and 1.5 percentage points in registered unemployment rate.
In December 2020 there were 80.5 thousand unemployed in Latvia, which is 3.9 thousand more than in November and 16.8 thousand more than in the respective period of the previous year. During the last 10 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 8.9 thousand.
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.