16.11.2015
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
13.11.2015
Orsolya Soosaar Economist at Eesti Pank
  • The share of the working age population in employment has been higher than it was at the peak of the boom for four quarters now
  • Slower GDP growth and faster growth in employment mean that productivity growth slowed in the... more
20.10.2015
Orsolya Soosaar Economist at Eesti Pank
  • Rapid wage rises have encouraged people to participate in the labour market more actively: despite the decline in the working age population the labour force increased in the first half of the year.

  • ... more

01.09.2015
Orsolya Soosaar Economist at Eesti Pank

Data from Statistics Estonia show that the growth in average gross wages accelerated to 5.8% in the second quarter of 2015, from 4.5% in the first quarter. Tax changes that took effect this year supported the 7.3% rise in the average... more

14.08.2015
Orsolya Soosaar Economist at Eesti Pank

Statistics Estonia estimates that employment increased by 1.7% in the second quarter of 2015, and that the unemployment rate stood at 6.5%. Seasonally adjusted, more people were employed than in the first quarter, mainly because of... more

25.05.2015
Orsolya Soosaar Economist at Eesti Pank

Data from Statistics Estonia show that annual growth in average gross monthly wages slowed in the first quarter of 2015 to 4.5%, and growth in gross hourly wages fell to 5.8%. Seasonally adjusted growth in average monthly wages was... more

18.05.2015
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
14.05.2015
Orsolya Soosaar Economist at Eesti Pank

Annual growth in employment accelerated to 2.9% in the first quarter of 2015, while unemployment stood at 6.6%. The low comparison base from the first quarter of 2014 played a part in the rapid annual growth in employment. Seasonally... more

08.04.2015
  Orsolya Soosaar and Natalja Viilmann Economists at Eesti Pank

The long-awaited acceleration in economic growth materialised in the second half of 2014, but unfortunately labour productivity grew more slowly than in the first half of the year. Growth accelerated mainly as... more

03.03.2015
  Natalja Viilmann and Jaanika Meriküll Eesti Pank Economists

Exports of Estonian goods and services grew faster in 2000-2013 than global exports as a whole in both current and constant prices, meaning that Estonian exports managed to gain market share during those years.... more

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