Long Term Unemployment Rate in Latvia remained unchanged at 1.80 percent in the fourth quarter of 2023 from 1.80 percent in the third quarter of 2023. Long Term Unemployment Rate in Latvia averaged 4.71 percent from 1998 until 2023, reaching an all time high of 11.00 percent in the first quarter of 2011 and a record low of 1.20 percent in the third quarter of 2007. source: EUROSTAT

Long Term Unemployment Rate in Latvia is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Long Term Unemployment Rate is projected to trend around 1.60 percent in 2025, according to our econometric models.



Related Last Previous Unit Reference
Employment Change -1.00 -0.10 percent Dec 2023
Full Time Employment 768.50 781.10 Thousand Dec 2023
Job Vacancies 22230.00 25283.00 Dec 2023
Long Term Unemployment Rate 1.80 1.80 percent Dec 2023
Minimum Wages 700.00 620.00 EUR/Month Mar 2024
Part Time Employment 56.70 56.90 Thousand Dec 2023
Productivity 120.88 122.15 points Dec 2023
Youth Unemployment Rate 13.40 13.90 percent Feb 2024

Latvia Long Term Unemployment Rate
In Latvia, 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.
Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.80 11.00 1.20 1998 - 2023 percent Quarterly