Analytics, Employment, Estonia, Statistics
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Friday, 17.01.2025, 00:55
Estonia: Lowest unemployment rate of the century in the 3rd quarter
The estimated number of unemployed persons was 27,700; compared to the same quarter of the previous year, the number of unemployed persons decreased by 9,100. The unemployment rate among Estonians was 3.4% and among non-Estonians 5.1%. Compared to the same quarter of the previous year, unemployment decreased in both groups. The number of long-term unemployed in the 3rd quarter of 2019 was 4,300 – the number declined compared to the same quarter of the previous year. The long-term unemployed are persons who have been unemployed for 12 months or more; they are also regarded as the unemployed who are at the highest risk of poverty.
The number of inactive persons in the 3rd quarter was 276,000 – the number increased compared to the year before. The main reasons for being inactive were retirement (79,500), illness or disability (67,800) and studies (63,200). The number of persons who were inactive due to illness or disability or taking care of members of family or children increased compared to the year before.