About Latvia Unemployment Rate
In Latvia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Related indicators
Frequently Asked Questions
To calculate Latvia Unemployment Rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Latvia Unemployment Rate is 5.30%.
The highest figure Latvia Unemployment Rate has ever reached is 21.30%.
Last quarter Latvia Unemployment Rate was 6.80%, and the quarter before that it amounted to 6.50%.