Estonia's unemployment rate jumped to 7.1 percent in the second quarter of 2020 from 5.1 percent in the corresponding period last year. It was the highest jobless rate since the third quarter of 2016, as the number of unemployed increased by 13.7 thousand to 49.4 thousand while the number of employed dropped by 23.8 thousand to 643.9 thousand, reflecting the impact of the crisis caused by the spread of COVID-19. The labor force participation rate declined to 70.4 percent from 71.7 percent in the same period of 2019 and the employment rate fell to 65.4 percent from 68.1 percent.

Unemployment Rate in Estonia averaged 8.11 percent from 1989 until 2020, reaching an all time high of 19.50 percent in the first quarter of 2010 and a record low of 0.50 percent in the second quarter of 1989. This page provides - Estonia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Statistics Estonia

Unemployment Rate in Estonia is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Estonia to stand at 7.00 in 12 months time. In the long-term, the Estonia Unemployment Rate is projected to trend around 6.50 percent in 2021 and 5.10 percent in 2022, according to our econometric models.

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Estonia Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.10 5.00 19.50 0.50 1989 - 2020 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-14 06:00 AM Q3 3.9% 5.1% 5%
2020-02-14 06:00 AM Q4 4.1% 3.9% 4.20%
2020-05-15 05:00 AM Q1 5% 4.1% 4.90%
2020-08-14 05:00 AM Q2 7.1% 5% 6.2%
2020-11-13 06:00 AM Q3 7.1% 6.9%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Estonian Jobless Rate Rises to 4-Year High
Estonia's unemployment rate jumped to 7.1 percent in the second quarter of 2020 from 5.1 percent in the corresponding period last year. It was the highest jobless rate since the third quarter of 2016, as the number of unemployed increased by 13.7 thousand to 49.4 thousand while the number of employed dropped by 23.8 thousand to 643.9 thousand, reflecting the impact of the crisis caused by the spread of COVID-19. The labor force participation rate declined to 70.4 percent from 71.7 percent in the same period of 2019 and the employment rate fell to 65.4 percent from 68.1 percent.
2020-08-14
Estonian Jobless Rate Rises to 5% in Q1
Estonia's unemployment rate increased to 5 percent in the first quarter of 2020 from 4.7 percent in the corresponding period last year. It was the highest jobless rate since the second quarter of 2019, as the number of unemployed increased by 2.6 thousand to 35 thousand while the number of employed rose by 8.5 thousand to 670.3 thousand, but the effects of the measures against the spread of coronavirus are still not being reflected in the indicators for the first quarter. The labor force participation rate increased to 71.7 percent from 70.8 percent in the same period of 2019 and the employment rate went up to 68.1 percent from 67.5 percent.
2020-05-15
Estonian Jobless Rate Falls to 4.1% in Q4
Estonia's unemployment rate dropped to 4.1 percent in the fourth quarter of 2019 from 4.4 percent in the corresponding period last year. The labor force participation rate decreased to 72.1 percent from 72.3 percent in the same period of 2018 and the employment rate inched higher to 69.2 percent from 69.1 percent. For 2019 full year, unemployment rate declined to 4.4 percent from 5.4 percent in 2018.
2020-02-14
Estonian Jobless Rate at 27-Year Low of 3.9%
Estonia's unemployment rate fell to 3.9 percent in the third quarter of 2019 from 5.2 percent in the corresponding period last year. It was the lowest jobless rate since the second quarter of 1992, as the number of unemployed decreased by 9.1 thousand to 27.7 thousand while the number of employed rose by 1.7 thousand to 677.3 thousand. The labor force participation rate decreased to 71.9 percent from 72.0 percent in the same period of 2018 and the employment rate went up to 69.0 percent from 68.2 percent.
2019-11-14

Estonia Unemployment Rate
In Estonia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.