At the end of September, the level of registered unemployment in Latvia drop was 7.7% of economically active population, down by 0.5% MoM, according to information from the State Employment Agency (NVA).
At the end of September, there were 70,306 unemployed persons registered with NVA, down by 4,707 persons.
The most rapid unemployment decline was observed in Kurzeme region, whereas the slowest decline was in Latgale and Vidzeme.
The lowest level of registered unemployment was in Riga region at the end of September – 6.1%, down by 0.5%.
Unemployment remains the highest in Latgale – 15.4%, down by 0.4%.
In Zemgale the level of registered unemployment declined by 0.5% in September, reaching 7.1% of economically active population. In Vidzeme unemployment level declined by 0.4%, reaching 7.4%, whereas in Kurzeme by 0.7%, to 7.9%.
Unemployment in Riga declined by 0.6%, to 6.1%.
In September, unemployed person status was provided to 7,430 residents, up by 6.2% MoM (4,104 women and 3,326 men). In January, this status was provided to 7,983 people, in February – to 6,102, in March – 10,764, in May – 8,153, in June 8,319, in July – 8,602 and in August – 6,994.
NVA data also showed that among the persons provided with unemployed status in September the majority were aged 25 to 29 years – 1,058, followed by people aged 30 to 34 years (994) and people aged 35 to 39 (882).
At the end of 2019, the level of registered unemployment in Latvia was 6.2% of the economically active population. At the end of March, however, after declaration of the state of emergency, the level of registered unemployment in Latvia was 6.8% of economically active population, reaching 8% in April, 8.4% in May and 8.6% in June and July. (BNN/Business World Magazine)