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Europe Live Wednesday 22nd May 2013

Improvement in employment and unemployment in Latvia

26th March 2012

According to the Latvian Central Statistics Bureau national employment and unemployment indicators have improved significantly since 2011. The employment rate has indeed risen to 55.3% and has therefore increased by 2.2 points in comparison with the previous year. It is still below that experienced by Latvia prior to the crisis in 2008, ie 62.6%. Unemployment has also dropped by 3.3 points. It is the first time in three years that these two rates have developed positively.

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