Latvia: unemployment levels down in April 2021

In April, actual unemployment rate comprised 8%, down by 0.1% MoM. The unemployment rate among women remained at 7.5% in April, whereas among men it decreased by 0.1%, to 8.5%, according to data of the Labour Force Survey (LFS) conducted by the Central Statistical Bureau (CSB). Unemployment rate registered by the State Employment Agency (NVA)…

Uzbekistan: FAO launches “Smart Farming for the Future Generation” project

Food and Agriculture Organization of the UN has launched a $3.4-million 4-year project “Smart Farming for the Future Generation”. Organized with the financial support of the Republic of Korea, the project is also underway in Vietnam. Three demonstration sites are to be created in Uzbekistan to build capacity, develop agribusiness opportunities and receive technical support.…

Estonia: bankruptcies up in 2020

Bankruptcies rose by 26% YoY to 2020, which was also the first year the bankruptcy rate had increased since the last economic downturn. While the situation is not as bleak as it had been in the last downturn over 10 years ago, the pandemic has brought about a situation where start-ups without significant assets are…

Latvia: airBaltic invites employees back

Following changes to its network of routes, the Latvian national airBaltic airline has commenced an internal process to hire back 20 former flight attendants. However, there is one requirement – they have to be vaccinated for Covid-19, according to publicly available information. “All new employees whose duties include direct contacts with other people are required…