Labor Force Participation Rate in Latvia remained unchanged at 70.10 percent in the third quarter of 2020 from 70.10 percent in the second quarter of 2020. source: Central Statistical Bureau of Latvia

Labor Force Participation Rate in Latvia averaged 65.81 percent from 2002 until 2020, reaching an all time high of 70.20 percent in the third quarter of 2018 and a record low of 59.90 percent in the first quarter of 2002. This page provides - Latvia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Activity Rate - values, historical data and charts - was last updated on April of 2021.

Labor Force Participation Rate in Latvia is expected to be 70.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Latvia to stand at 70.30 in 12 months time. In the long-term, the Latvia Activity Rate is projected to trend around 70.38 percent in 2021 and 70.40 percent in 2022, according to our econometric models.

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Latvia Activity Rate

Actual Previous Highest Lowest Dates Unit Frequency
70.10 70.10 70.20 59.90 2002 - 2020 percent Quarterly
NSA

Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.90 8.40 21.30 5.30 percent [+]
Employed Persons 886.00 893.00 1404.00 830.00 Thousand [+]
Unemployed Persons 74232.00 74494.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 2.20 2.10 10.10 1.20 percent [+]
Youth Unemployment Rate 15.90 15.50 40.90 7.60 percent [+]
Labour Costs 130.93 129.63 132.41 34.64 points [+]
Job Vacancies 17079.00 20540.00 29704.00 1643.00 [+]
Wages 915.00 855.00 915.00 113.00 EUR/Month [+]
Minimum Wages 500.00 430.00 500.00 75.18 EUR/Month [+]
Population 1.91 1.92 2.67 1.91 Million [+]
Retirement Age Women 63.75 63.50 63.75 59.50 [+]
Retirement Age Men 63.75 63.50 63.75 62.00 [+]
Labor Force Participation Rate 70.10 70.10 70.20 59.90 percent [+]
Productivity 119.30 113.30 119.30 40.90 points [+]
Part Time Employment 77.80 62.70 116.00 48.80 Thousand [+]
Employment Change 1.40 -4.20 3.40 -6.70 percent [+]
Employment Rate 63.80 64.30 65.60 50.80 percent [+]
Full Time Employment 767.10 786.70 984.30 720.30 Thousand [+]