14.08.2019
Orsolya Soosaar Economist at Eesti Pank
  • The labour market remains favourable for employees
  • The unemployment rate was 5.1% in the second quarter
  • The number of short-term workers from abroad rose noticeably
  • Employers in industry have become... more
03.06.2019
The labour market review by experts from Eesti Pank covers developments in the supply, demand and prices of labour in Estonia. The central bank observes the labour market for two reasons. Firstly, labour is an important production input, as a change in the supply or activity of labour can... more
29.05.2019
Orsolya Soosaar Economist at Eesti Pank

Statistics Estonia finds that the average gross wage in the first quarter of this year was 1341 euros a month, which is up 7.9% on a year earlier. The average wage has been rising faster in the public sector than in the private sector... more

15.05.2019
Orsolya Soosaar Economist at Eesti Pank

Employment increased by 1.7% in the first quarter of 2019, while unemployment was at 4.7%, which is very low. Although a fall in confidence in foreign trading partners indicates the economy may be cooling, this has not yet had any... more

23.04.2019
Orsolya Soosaar Economist at Eesti Pank

Growth in the economy was faster in Estonia in the second half of 2018 than expected, and as a result, demand for labour increased. The labour market remained hot: wage growth picked up pace, people switched jobs often, and corporate... more

14.02.2019
Orsolya Soosaar Economist at Eesti Pank

Unemployment fell in the final quarter of last year to 4.4% in Estonia, which is the same low level as in the economic boom. As the unemployment figure has fallen however, so the indicators for the functioning of the labour market have... more

29.11.2018
Orsolya Soosaar Economist at Eesti Pank

Data from Statistics Estonia show that the average gross monthly wage was up 7.5% over the year in the third quarter of 2018. The rate of wage growth in recent quarters has been affected by the income tax reform. Labour shortages are... more

14.11.2018
Orsolya Soosaar Economist at Eesti Pank

Labour market data published on Wednesday show that unemployment remains low and shortages of labour are biting. The share of people in work varies widely across regions however, and there is most space for creating new jobs in Ida-... more

30.10.2018
The labour market review by experts from Eesti Pank covers developments in the supply, demand and prices of labour in Estonia. The central bank observes the labour market for two reasons. Firstly, labour is an important production input, as a change in the supply or activity of labour can... more
25.10.2018
Orsolya Soosaar Economist at Eesti Pank

Growth in the economy slowed in the first half of 2018 and signs of this were evident in the labour market, with employment growing more slowly than in 2017 for example. There are still a lot of vacant positions in the economy, but they... more

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