Latvia: Workforce Grows Moderately

BusinessEconomy ♦ Published: February 15, 2013; 16:21 ♦ (Vindobona)

Results of the Labour Force Survey conducted by the Central Statistical Bureau show that, compared to the corresponding period of the previous year, the number of active population (aged 15-74), in the 4th quarter of 2012, has increased by 1.5%.

Latvia: Workforce Grows Moderately / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]

Two thirds (66.5%) of the population in this age group were economically active; this indicator comprised 71.5% among men and 62.1% among women.

Number of employed persons and their share in the total population during the reference quarter has grown, as compared to the corresponding period of the previous year. Totally in the country there were 902.3 thousand employed persons,…