Latvian unemployment drops to 6.3pc in 2019

RIGA (Xinhua) – Latvian unemployment dropped 1.1 percentage points year on year to 6.3 per cent in 2019, showed a labour force survey released on Monday by the national statistics office.

The unemployment rate for women was lower than for men, with 5.4 per cent of the female population and 7.2 per cent of the male population being out of work last year.

Joblessness among young Latvians rose from 12.2 per cent in 2018 to 12.4 per cent last year. Young people, aged 15 to 24, accounted for 12.6 per cent of Latvia’s jobless population in 2019, up 1.6 per centage points year on year.

The share of long-term unemployed people who have been unable to find work for more than a year declined from 41.7 per cent in 2018 to 38.2 per cent of the entire jobless population in 2019.

The Baltic country’s overall employment rate rose by 0.5 per centage points from a year before to 65 per cent of the working-age population in 2019, statistics show.