Abstract
The aim of the paper is to analyse the number and proportion of employees, unemployment rates and theirterritorial trends in Latvia, and to compare them with those in Estonia and Lithuania. The paper analyses the number ofemployees at the main job, its proportion in the private sector, and unemployment rates in the Baltic countries and statisticalregions of Latvia. In 2000–2007, employment and its proportion in the private sector was on the increase. In 2008, an upwardtrend in Estonia and Lithuania started to decrease, but in Latvia number of employees and its proportion in the private sectoralready had dropped. In 2009, the number of employees continued to decline. The unemployment rate grew from 1998 to2000 and from III quarter 2008 to I quarter 2010. From 2001 to II quarter 2008, during an economic boom, it decreased to aminimum. A faster economic growth means a higher proportion of employees in the private sector; however, during theeconomic crisis, it creates more instability in the labour market than in the public sector, especially at the beginning. As thecrisis deepens, unemployment in the private sector begins to stabilize; however, it increases in the public sector.
Highlights
The aim of the paper is to analyse the number and proportion of employees, unemployment rates and their territorial trends in Latvia, and to compare them with those in Estonia and Lithuania
It should be stated that the unemployment rate in the Baltic countries grew from 1998 to 2000, in Lithuania – to 2001
The unemployment rate is generally the lowest in Estonia; the second place in the last 5 years has been occupied by Lithuania
Summary
Trends in the number of the persons employed in the Baltic countries in the second half of the 90s of the 20th century can be described as unstable. Riga region, which includes the capital of Latvia, is reflected in the figure separately because the number of employees in that region exceeds the performance of other regions significantly – it is almost as high as in other regions taken together This trend was certainly indicative of an upturn in the economic situation until 2007 and its decline from 2008, especially in 2009. The slowest growth in the average number of employees during nine years was observed in Latgale region, where it grew by 0.8% It is a region in the east of Latvia with lower economic growth rates. Similar trends –dynamic and compared with countries – reflect the proportion of employees in the private sector This percentage varies between countries: in Estonia, it is much higher.
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