Latvian unemployment rate 7.3% in the first quarter of 2022 / Article


During the quarter, the unemployment rate increased by 0.2 percentage points, while during the year it decreased by 0.8 percentage points.

In the 1st quarter of this year, there were 68,000 unemployed persons aged 15 to 74 (incl.), which is 6,700 less than a year ago and 1,500 more than in the previous quarter.

However, Latvia’s unemployment rate continues to be higher than neighboring Estonia and Lithuania, the data shows.

In the 1st quarter of 2022, 36,200 unemployed people were out of work for up to five months. The number is 2.3 thousand people less than a year ago and 0.8 thousand people more than in the previous quarter. The number of people unemployed for 6 to 11 months represented 12.6 thousand; it was down 1.7 thousand, compared to the 1st quarter of the previous year, and increased by 3.2 thousand, compared to the previous quarter.

In the 1st quarter, there were 18,800 long-term unemployed – down 3,100 for the year and 2,600 for the quarter. The share of the long-term unemployed in the total number of unemployed amounted to 27.8%, ie 4.5 percentage points less than in the previous quarter. Compared to the corresponding period of the previous year, the share decreased by 1.5 percentage points.

Unemployed by duration of unemployment (percentage)

Q1 2021

Q2 2021

Q3 2021

Q4 2021

Q1 2022

Less than 5 months

51.6

51.6

49.9

53.5

53.6

6–11 months

19.2

21.6

16.7

14.2

18.6

12 months or more

29.3

26.8

33.4

32.3

27.8

CSB estimate, totals may not add up to 100% as figures are calculated from unrounded figures.

In the 1st quarter of 2022, young people (aged 15-24) accounted for 10.2% of all unemployed. The share fell 1.2 percentage points during the year and rose 0.9 percentage points during the quarter. The youth unemployment rate was 12.0%, 4.3 percentage points lower than a year ago and 0.7 percentage points higher than the previous quarter. The number of young unemployed fell by 1,600 during the year and increased by 0,700 compared to the previous quarter.

Almost a third (31.9% or 438,100 people) of the population aged 15 to 74 were inactive, i.e. they did not have a job and were not actively seeking employment. ‘job. Compared to the previous quarter, the inactive population decreased by 8,800 people or 2.0%, while compared to the previous year by 19,300 people or 4.2%.

Of the total inactive population, 5,400 people, or 1.2%, were discouraged from finding a job. There were 1.5% of these people a year ago and 1.2% discouraged unemployed in the 4and quarter 2021.

In the 1st quarter of 2022, the Employment Survey covered 4.4 thousand households in which 7.7 thousand people aged 15 to 89 were interviewed, including 4.0 thousand households with 6.9 thousand people aged 15 to 74.

Did you see an error?

Select the text and press Ctrl+Enter to send a suggested correction to the editor

Select the text and press Report an error to send a suggested correction to the editor

Previous Largest study to date on long COVID identifies broad list of diagnoses
Next What will your new district look like – and how will you vote?