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Latvia Q4 Jobless Rate Rises

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Monday, the Central Statistical Bureau of Latvia announced that the jobless rate stood at 19.7% in the fourth quarter, up from 18.4% in the previous quarter. A year earlier, the jobless rate was 9.9%.

There were 229.4 thousand unemployed or 19.7% of the economically active population in the fourth quarter, the statistical office said.

The employment rate stood at 52.2% in the fourth quarter, down from 53.4% in the third quarter.

Monday, the Central Statistical Bureau of Latvia announced that the jobless rate stood at 19.7% in the fourth quarter, up from 18.4% in the previous quarter. A year earlier, the jobless rate was 9.9%. (Market News Provided by RTTNews)

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