Youth Unemployment Rate in Latvia remained unchanged at 18.40 percent in June from 18.40 percent in May of 2020.

Youth Unemployment Rate in Latvia averaged 20.48 percent from 1998 until 2020, reaching an all time high of 40.80 percent in January of 2010 and a record low of 7.60 percent in November of 2007. This page provides the latest reported value for - Latvia Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Youth Unemployment Rate - values, historical data and charts - was last updated on August of 2020.

Youth Unemployment Rate in Latvia is expected to be 18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Latvia to stand at 17.50 in 12 months time. In the long-term, the Latvia Youth Unemployment Rate is projected to trend around 17.50 percent in 2021 and 15.60 percent in 2022, according to our econometric models.

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Latvia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
18.40 18.40 40.80 7.60 1998 - 2020 percent Monthly
SA

Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 6.00 21.30 5.30 percent [+]
Employed Persons 902.10 913.10 1404.00 830.00 Thousand [+]
Unemployed Persons 78266.00 76440.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 2.10 1.80 10.10 1.20 percent [+]
Youth Unemployment Rate 18.40 18.40 40.80 7.60 percent [+]
Labour Costs 132.41 124.50 132.41 34.64 points [+]
Job Vacancies 18255.00 27316.00 29704.00 1643.00 [+]
Wages 822.00 801.00 846.00 113.00 EUR/Month [+]
Minimum Wages 430.00 430.00 430.00 75.18 EUR/Month [+]
Population 1.92 1.93 2.67 1.92 Million [+]
Retirement Age Women 63.25 63.00 63.25 59.50 [+]
Retirement Age Men 63.25 63.00 63.25 62.00 [+]
Labor Force Participation Rate 69.90 69.50 70.20 59.90 percent [+]
Productivity 112.00 114.10 115.30 40.90 points [+]
Part Time Employment 94.80 75.10 116.00 48.80 Thousand [+]
Employment Change 0.10 0.30 3.40 -6.70 percent [+]
Employment Rate 64.70 65.40 65.60 50.80 percent [+]
Full Time Employment 763.30 795.70 984.30 720.30 Thousand [+]