Despite Latvia's weakening economy, jobless rates haven't risen.

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Evita Simsone, director of the State Employment Agency (NVA), said on LTV's Rta panorma that Latvia's jobless rate is 5.8%, the lowest since the Covid-19 epidemic.

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Despite the recent upheaval that has been going on in the economy, this announcement was nonetheless made.

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More over 51,000 individuals in Latvia are officially unemployed, she said. It's no secret that the high unemployment rate in Latvia is mostly due to the influx of Ukrainian refugees.

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They constitute 0.2 percent of the population in Latvia that is officially categorized as being without employment.

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The unemployment rate is highest in Latgale and lowest in Riga. Joblessness is decreased across the board, according to the NVA director.

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She said that the agency received 22 notices of collective layoffs affecting over 1,500 people; this is greater than previous years but lower than 2020.

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The manufacturing, building, transportation, and warehousing industries are the most common sources of mass layoff announcements.

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