14.08.2017
Orsolya Soosaar Economist at Eesti Pank
  • The labour market indicators remained good in the second quarter
  • The employment expectations of companies improved and they felt labour shortages more sharply
  • The unemployment rate rose to 7%,
  • Growth... more
26.06.2017
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 directly... more
29.05.2017
Orsolya Soosaar Economist at Eesti Pank
  • Economic activity picked up and productivity growth increased at the same time that wage growth slowed
  • The fastest wage growth in the industrial sector was in construction and oil shale
  • Wage growth is slower in... more
15.05.2017

Orsolya Soosaar Economist at Eesti Pank
  • The share of people of working age who were in employment reached 66.3% in the first quarter. In seasonally adjusted terms it stood at 67.3%, which is the highest figure in recent decades
  • The unemployment... more
25.04.2017
Orsolya Soosaar Economist at Eesti Pank
  • The alignment of growth in labour productivity and in wages improved in the second half of 2016 as growth accelerated in productivity and slowed a little in wages
  • Whether companies can improve their profitability as... more
02.03.2017
Orsolya Soosaar Economist at Eesti Pank
  • In a sign of improvement in the economy, labour costs grew slightly more slowly than GDP rather than faster than it for the first time in three years
  • For competitiveness to improve, wage rises will have to be more... more
15.02.2017
Orsolya Soosaar Economist at Eesti Pank
  • The situation in the labour market was broadly the same as a year ago, except for in Ida-Virumaa
  • The abundance of vacancies and the more optimistic expectations of employers refer to strong labour demand
  • ... more
24.11.2016
Orsolya Soosaar Economist at Eesti Pank
  • The average wage stood at 1119 euros in the third quarter and its growth rate slowed
  • The latest data show labour costs continued to increase faster than productivity

Data from Statistics Estonia show that... more

24.11.2016
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 directly... more
14.11.2016

Orsolya Soosaar

Economist at Eesti Pank

  • Data released today put the unemployment rate higher in the third quarter than it was in the second quarter
  • Jobs have been created most in the service sector since... more
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