Long Term Unemployment Rate in Estonia increased to 0.70 percent in the fourth quarter of 2019 from 0.60 percent in the third quarter of 2019.

Long Term Unemployment Rate in Estonia averaged 4.02 percent from 1998 until 2019, reaching an all time high of 8.30 percent in the second quarter of 2010 and a record low of 0.60 percent in the third quarter of 2019. This page provides - Estonia Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Long Term Unemployment Rate - values, historical data and charts - was last updated on May of 2020.

Long Term Unemployment Rate in Estonia is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Estonia to stand at 3.90 in 12 months time. In the long-term, the Estonia Long Term Unemployment Rate is projected to trend around 3.90 percent in 2021 and 2.50 percent in 2022, according to our econometric models.

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Estonia Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.60 8.30 0.60 1998 - 2019 percent Quarterly

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.10 19.50 0.50 percent [+]
Employed Persons 670.30 678.50 839.10 551.60 Thousand [+]
Unemployed Persons 48.54 40.92 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 0.70 0.60 8.30 0.60 percent [+]
Youth Unemployment Rate 9.60 8.60 40.40 6.60 percent [+]
Labour Costs 116.52 118.29 126.05 29.81 points [+]
Job Vacancies 3.82 3.36 9.53 0.51 Thousand [+]
Wages 1472.00 1397.00 1472.00 7.35 EUR/Month [+]
Wages in Manufacturing 1383.00 1345.00 1383.00 281.91 EUR/Month [+]
Wage Growth 6.30 8.20 21.20 -6.50 percent [+]
Minimum Wages 540.00 540.00 540.00 79.89 EUR/Month [+]
Population 1.33 1.32 1.57 1.21 Million [+]
Retirement Age Women 63.50 63.25 63.50 60.50 [+]
Retirement Age Men 63.50 63.25 63.50 63.00 [+]
Labor Force Participation Rate 71.70 72.10 72.30 61.20 percent [+]
Part Time Employment 75.30 65.10 76.70 32.40 Thousand [+]
Productivity 116.80 118.20 118.20 50.60 points [+]
Full Time Employment 565.50 575.70 599.00 476.80 Thousand [+]
Employment Change 1.30 1.00 3.40 -5.30 percent [+]
Employment Rate 68.10 69.20 76.50 53.10 percent [+]


Estonia Long Term Unemployment Rate
In Estonia, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.