Unemployment rate remained high in March
Data of the Labour Force Survey (LFS) conducted by the Central Statistical Bureau (CSB) show that in March 2021 actual unemployment rate comprised 9.1 %, and, compared to February, it has not changed. The unemployment rate among males remained at 10.3 % in March, while among females it increased by 0.1 percentage points, reaching 8.0 %. Unemployment rate registered by the State Employment Agency (SEA) accounted for 8.2 % which, like the actual unemployment rate, has not changed since February. Unemployment rate increase may be observed when comparing the data to the March of the previous year – of 1.3 percentage points in actual unemployment rate and 1.4 percentage points in registered unemployment rate.
In March 2021 there were 87.7 thousand unemployed persons in Latvia, which is 0.2 thousand more than in February and 11.1 thousand more than in the respective period of the previous year when the first emergency situation in the country was declared. Since the second declaration of the emergency situation in November 2020 when a number of on-site services were restricted, the number of unemployed persons has risen by 13.0 thousand.
Registered unemployment rate is calculated based on the SEA data and results of LFS conducted by the CSB. Unadjusted monthly estimates of the survey are used for calculations of the actual unemployment rate. SEA data are only on population of working age.
CSB reminds that during the time of change it is important to obtain the information on population employment in order to assess impact of the current situation on the national economic and social processes and therefore is asking population to be active and participate in surveys. CSB would like to thank everyone who took part in surveys and helped to assess the effect of the current situation on national processes.
- Registered unemployment rate by month is available on the – SEA website
- Methodology used for the CSB monthly estimates is published on the Official Statistics Portal reference metadata section Employment and unemployment
- Seasonal Adjustment of Time Series During COVID-19 Crisis
- Socio-economic indicators of the emergency situation are available on the Official Statistics Portal Covid-19 thematic section