Labour Costs in Latvia increased to 178.15 points in the second quarter of 2024 from 172.91 points in the first quarter of 2024. Labour Costs in Latvia averaged 84.39 points from 1995 until 2024, reaching an all time high of 178.15 points in the second quarter of 2024 and a record low of 34.35 points in the first quarter of 1995. source: European Central Bank

Related	Last	Previous	Unit	Reference
Employed Persons	880.00	882.00	Thousand	Sep 2024
Employment Change	-0.60	-0.10	percent	Sep 2024
Employment Rate	64.20	64.30	percent	Sep 2024
Full Time Employment	770.70	773.40	Thousand	Sep 2024
Job Vacancies	22675.00	23573.00		Sep 2024
Labor Force Participation Rate	68.80	69.10	percent	Sep 2024
Labour Costs	178.15	172.91	points	Jun 2024
Long Term Unemployment Rate	1.80	2.30	percent	Sep 2024
Minimum Wages	700.00	700.00	EUR/Month	Dec 2024
Part Time Employment	56.80	55.00	Thousand	Sep 2024
Population	1.87	1.88	Million	Dec 2023
Productivity	120.75	119.10	points	Sep 2024
Retirement Age Men	64.75	64.50	Years	Dec 2024
Retirement Age Women	64.75	64.50	Years	Dec 2024
Unemployed Persons	45182.00	44889.00		Nov 2024
Unemployment Rate	6.70	6.90	percent	Sep 2024
Wages	1204.00	1233.00	EUR/Month	Sep 2024
Youth Unemployment Rate	14.00	13.70	percent	Nov 2024