Latest statistics reveal an unpleasant trend in Latvia’s labour market

Latvia’s unemployment rate stood at 6.5% in April, exceeding the average levels recorded both in the European Union (EU) and the eurozone, according to data published on Monday by the EU statistical office Eurostat.

Among EU member states, higher unemployment rates in April were recorded in Finland (10.6%), Spain (10.3%), Greece (9.5%), Sweden (8.6%), France (8.2%), Lithuania (7.1%), as well as Denmark and Luxembourg (both 7%). Estonia’s unemployment rate stood at 6.3%.

Meanwhile, the lowest unemployment rates in April were registered in Bulgaria (2.8%), Poland (3.0%), the Czech Republic (3.1%), and Cyprus (3.2%).

According to seasonally adjusted data, the average unemployment rate across the European Union remained unchanged at 6.0%, while the eurozone unemployment rate also remained stable at 6.3%.

Eurostat data show that 13.238 million people were unemployed across the EU in April, including 11.075 million unemployed persons within the eurozone.

Read also: BNN IN FOCUS | Latvia has a new government – political analyst comments on the biggest challenges ahead

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