Estonia: more foreign workers needed

Estonia needs several times more foreign workers than are currently entering the country, Toomas Luman, president of the Estonian Chamber of Commerce and Industry and chairman of the supervisory board of listed construction company Nordecon, declared. “Currently we have problems with unregistered Ukrainian construction workers on construction sites,” Luman said. “We predicted a long time…

Estonia: unemployment up in April 2018

Estonia was the only country in the EU in which unemployment grew in April, increasing from 5.3% to 5.6%. Overall unemployment in the EU remained at 7.1% compared to March and fell by 0.7% compared to April 2017, it can be seen from data released by Eurostat. In the eurozone, employment decreased by 0.1% MoM…

Estonia: April 2018 retail trade turnover up

According to information released by Statistics Estonia on May 30, this April the turnover of retail trade enterprises increased by 1% YoY at constant prices, totaling EUR 560.4 million. The turnover of stores selling manufactured goods increased by 7%. Turnover increased in most economic activities, except in stores selling second-hand goods and in non-store retail…