At the end of November, the registered level of unemployment in Latvia was 7.4% of economically active population, which was as much as the month prior, according to information from the State Employment Agency (NVA).
At the end of November, NVA had 67,518 unemployed people registered, up by 394 people MoM, when 67,124 unemployed people registered with the agency.
November’s registered unemployment level minimally reduced in Riga and Riga region, whereas in other Latvian regions unemployment increased.
The lowest registered unemployment level was observed in Riga region – 5.7%, down by 0.1%, whereas the highest registered unemployment level remained in Latgale region – 15.1%, up by 0.1%.
In Zemgale the registered unemployment level in November increased by 0.2%, forming 6.9% of economically active residents. In Vidzeme the registered unemployment level increased by 0.1%, reaching 7.2% at the end of the month. In Kurzeme registered unemployment level increased by 0.1%, reaching 7.7% of the economically active population.
In Riga the registered unemployment level decreased by 0.1%, to 5.7% of economically active population.
In November, the status of unemployed person was provided to 7,674 residents, up by 0.1% or ten residents (4,012 women and 3,662 men). In January, unemployed person status was provided to 7,983 residents, in February – to 6,102 residents, in March – to 10,764 residents, in April – to 15,825 residents, in June – to 8,319 residents, in July – to 8,602 residents, in August – to 6,994 residents, in September – to 7,430 residents and in October – to 7,664 residents.
NVA data also showed that among the persons who were provided with unemployed person status the majority were aged 25 to 29 years – 1,039 (1,074 a month prior), followed by residents aged 30 to 34 years – 1,037 (1,049) and residents aged 35 to 39 years – 854 (924).
At the same time, unemployed status was lost by 7,324 residents in November, down by 32.8%. 3,232 residents who remained unemployed for up to six months and 2,749 residents who remained unemployed for six months to a year lost their status as unemployed persons.
At the end of 2019, Latvia’s level of registered unemployment was 6.2% of economically active population. At the end of March, following the adoption of the state of emergency, the level was 8%. It was 8.4% at the end of May, 8.6% at the end of June and July, 8.2% at the end of August, 7.7% at the end of September and 7.4% at the end of October. (BNN/Business World Magazine)
