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Sunday 23.02.2020 | Name days: Haralds, Almants

Bank analysts: unemployment decline might stop in Latvia next year

The unemployment level decline in Latvia will become slower or even stop next year, according to bank analysts. Swedbank senior economist Agnese Buceniece says under slower economic growth demand for labourers will gradually calm down. The first signals for this came up from business surveys.

Bank: one-third of Latvian residents cannot afford saving on all pension levels

36% of Latvian residents lack sufficient financial capabilities to make savings on all available pension levels, including voluntary pension 3rd level. In Lithuania such an option is not available to 25% of residents and in Estonia – to 18% of residents, according to data from Luminor bank’s survey.

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