27.11.2019
Orsolya Soosaar Economist at Eesti Pank

Data from Statistics Estonia show that the average gross monthly wage was up 8.2% over the year in the third quarter of 2019. The rapid growth in wages and the recently published estimates of employment and unemployment show that the... more

14.11.2019
Orsolya Soosaar Economist at Eesti Pank

The unemployment rate fell to the exceptionally low level of only 3.9% in the third quarter of 2019. The labour force survey also estimates the unemployment rate to be at its lowest ever since Estonia regained independence.

... more

28.10.2019
Orsolya Soosaar Economist at Eesti Pank

Three factors are having a significant impact in the Estonian labour market this year, and these are the loss of momentum in growth in the economy, the loss of competitiveness in the oil shale sector, and the large number of foreign... more

28.08.2019
Orsolya Soosaar Economist at Eesti Pank

Data from Statistics Estonia show the average gross wage in the second quarter of the year was 1419 euros, which was 7.4% more than a year earlier. The rate of growth was a little slower than in 2018. The growth in wages continues to be... more

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

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