Long Term Unemployment Rate in Latvia decreased to 1.80 percent in the third quarter of 2024 from 2.30 percent in the second quarter of 2024. Long Term Unemployment Rate in Latvia averaged 4.63 percent from 1998 until 2024, reaching an all time high of 11.00 percent in the first quarter of 2011 and a record low of 1.20 percent in the third quarter of 2007. source: EUROSTAT

Long Term Unemployment Rate in Latvia is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Employment Change -0.60 -0.10 percent Sep 2024
Full Time Employment 770.70 773.40 Thousand Sep 2024
Job Vacancies 22675.00 23573.00 Sep 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
Productivity 120.75 119.10 points Sep 2024
Youth Unemployment Rate 14.00 13.70 percent Nov 2024

Latvia Long Term Unemployment Rate
In Latvia, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.
Actual Previous Highest Lowest Dates Unit Frequency
1.80 2.30 11.00 1.20 1998 - 2024 percent Quarterly