29.11.2017
Orsolya Soosaar Economist at Eesti Pank

The average gross monthly wage was 1201 euros in the third quarter of 2017 and its rate of annual growth rose to 7.4% from 6.8% in the second quarter. Reasons why wage growth has increased include faster inflation, which has raised the... more

14.11.2017
Orsolya Soosaar Economist at Eesti Pank
  • The labour market remained very favourable for employees in the third quarter
  • The unemployment rate fell to 5.2%, falling most in Ida-Virumaa
  • The economy grew in the third quarter thanks to high employment, but... more
08.11.2017
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... more
25.10.2017
Orsolya Soosaar Economist at Eesti Pank
  • Labour productivity increased faster than labour costs in the first half of 2017 for the first time for several years
  • As demand for labour remains strong so upwards pressure on wages continues
  • The number in... more
30.08.2017
Orsolya Soosaar Economist at Eesti Pank
  • Growth in wages picked up and was close to the average rate of 2016
  • Real wages  grew more slowly because of inflation
  • Wage growth is being boosted by strong demand for labour

The average gross... more

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
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