Unemployment rate unchanged in February
Data of the Labour Force Survey (LFS) conducted by the Central Statistical Bureau (CSB) show that in February 2022, the actual unemployment rate in Latvia was 7.6 %, and it was unchanged compared to January.
The female unemployment rate remained unchanged at 7.0 % in February, but the male unemployment rate decreased by 0.1 percentage points to 8.1 %.
The unemployment rate registered with the State Employment Agency (SEA) was 6.8 %, 0.1 percentage points lower than in January. Compared to February last year, the actual unemployment rate decreased by 0.5 percentage points and the registered unemployment rate - by 1.4 percentage point.
In February 2022, there were 70.2 thousand unemployed persons (32.3 thousand females and 37.9 thousand males) in Latvia, which is 0.3 thousand fewer than in January, and 4.6 thousand fewer than in the same period last year. The number of unemployed males decreased by 0.1 thousand during the month, while the number of unemployed females - by 0.2 thousand. It should be noted that in mid-February, the country started to relax a number of Covid-19 related measures, potentially reducing the number of unemployed persons.
The registered unemployment rate in the SEA is calculated using data on registered unemployed persons held by the Agency and data on the active population (employed and unemployed persons) of working age provided by the CSB. Unadjusted monthly survey estimates are used for the actual unemployment rate.
The CSB would like to remind that in times of change, it is important to obtain information on employment in order to assess the impact of the current situation on economic and social processes in the country, and therefore invites people to be active and participate in the invited surveys. The CSB thanks all individuals who have already participated in the surveys.
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