* In 2006, the jobless rate dropped to 5.9%, the Statistics Estonia said Friday. The rate dropped below this level last in 1992, when it was 3.7%. The jobless rate that embarked on a rising trend in the 1990s, peaked in 2000 and has been sliding afterwards.
For Estonians, the jobless rate dipped to 4%, decreasing steadily since 2001.
Among non-Estonians, the unemployment significantly eased over the prior two years. The jobless rate for non-Estonians slid to 9.7% in 2006, markedly lower than the 16% in 2004 and the 18% at the re-independence of Estonia in 2000.
Compared to the prior year, the employment increased, while unemployment and inactivity decreased in 2006. The Estonian Labor Force Survey showed that there were 41,000 jobless in the age group of 15-74. The employed totaled 646,000, while 362,000 were economically inactive.
The employment registered growth of 6.4% in 2006. Estonia reached the EU Lisbon strategy target employment rate of 67% for the age group 15-64 in 2006, when it logged a rate of 67.7%. The Lisbon strategy target for the year 2010 is 70% employment rate.
On Thursday, the Labor Market Board said the number of job-seekers in Estonia dropped about 33% in 2006 from 2005. The number of registered jobless declined to 48,167 from 71,735 last year.
This is the number of registered jobless people ... It would be nice to get to know some approximative figure of the number of unregistered ....
hi my group has a project, which is to create a service in a country. We picked Estonia and our sevice is an employment agency.
We choose this because we saw the rates of unemployed and we thought we could help. Our service will provide of a job list/opening and will have workshops like how to get a job or make a resume, safety rules and benefits, etc...
We was just wondering if that would be a good business?and why is there such a rate of unemploymetn? What would you advice be?
Thank you
Posted by: Shanay | February 14, 2008 at 06:02