The number of unemployed people in Latvia totalled 66,400 in the first quarter of 2026, which was 3,100 (4.5%) fewer than in the same period of 2025, the Central Statistical Bureau (CSP) reported. Compared to the fourth quarter of 2025, the number of unemployed rose by 2,600 (4.0%), however. The country’s unemployment rate stood at…
Latvian President Edgars Rinkevics has begun consultations with parliamentary groups on forming a new government, Baltic News reports. The President stressed the need to ensure political stability, effective governance, and national security continuity. The discussions are focused on how to build a working coalition in the parliament, the Saeima, and on the future direction of…
The number of unemployed people in Estonia totalled 52,200 in the first quarter of 2026, which was 5,100 more than in the fourth quarter of 2025, but much lower than in the first quarter of 2025, according to data from Statistics Estonia, ERR reports. Estonia’s unemployment rate stood at 7.1%, which was up 0.7 percentage…
The number of unemployed people in Lithuania totalled 146,700 at the end of April 2026, which was 8,400 fewer than a month earlier, according to the Lithuanian Employment Service (UzT), ELTA reports. The country’s unemployment rate stood at 8.1%, which was down from 8.5% a month earlier. Unemployment declined in all municipalities for the second…
The number of multinational corporations in the Baltic States was highest in Estonia in 2024, according to Eurostat data, LSM reports. Estonia had 1,199 multinationals in 2024, which was down slightly from 1,220 in 2023. Meanwhile, Lithuania had 984 (1,035) and Latvia 746 (718) multinational enterprises. In 2018, Estonia had as many as 1,529 multinationals,…
Lithuanians tend to work the least in the entire EU during weekends, according to Eurostat data, LSM reports. The share of all employed people aged 15-64 years who usually work on weekends was just 3.9% in Lithuania in 2025. By comparison, the share of employed people usually doing weekend shifts was 13.1% in Estonia and…
Lithuania’s GDP will grow by 3% in 2026 and 2.3% in 2027, according to Swedbank’s latest macroeconomic outlook, BNS reports. In January 2026, the bank projected that GDP growth would reach 3.5% in 2026 and 2.5% in 2027. Nerijus Maciulis, Swedbank’s chief economist, said that growth would be spurred by consumption, strong exports, and record…
The Estonian parliament, the Riigikogu, has passed amendments that will make it easier to bring skilled and qualified foreign labour into the country, ERR reports. Temporary residence permits for work will be issued under more favourable conditions in sectors deemed suffering from labour shortage, and the maximum number of permits in those sectors will be…
The Free Trade Union Confederation of Latvia (LBAS) has proposed raising the country’s minimum monthly wage by at least EUR 55 to EUR 835 in 2027, LETA reports. Currently, Latvia’s minimum wage stands at EUR 780 per month, while the tax-free income threshold is EUR 550 per month. LBAS noted that under government rules, the…