13.05.2016
Orsolya Soosaar Economist at Eesti Pank
  • Seasonally adjusted employment was higher than in the final quarter of last year
  • Labour productivity declined in 2015, but has started to rise again

Figures from Statistics Estonia show unemployment was 6.5%... more

20.04.2016
Orsolya Soosaar Economist at Eesti Pank
  • The rise in employment did not slow down in the second half of 2015
  • Unemployment was low in 2015 at 6.2%, but the number of registered unemployed rose in the second half of the year
  • Productivity fell in the... more
04.03.2016
Orsolya Soosaar Economist at Eesti Pank
  • The average gross wage rose more slowly in the last quarter of 2015, but still did so faster than productivity
  • The average net wage increased about 1.5 percentage points faster than the gross wage did because of the cuts... more
12.02.2016

Orsolya Soosaar Economist at Eesti Pank
  • In the fourth quarter of last year the employment rate rose 1.4% and unemployment stood at 6.4%
  • The number of registered unemployed increased and there were more redundancies in the fourth quarter than a... more
26.11.2015
Orsolya Soosaar Economist at Eesti Pank

Both seasonally adjusted quarterly wage growth and average annual wage growth were faster than in the second quarter

Wages in accommodation and catering rose by 16.9%

Data from Statistics Estonia show that the average... more

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

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