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November 27, 2008

Rampant job cuts to continue in Estonia

By Matt Withers

TALLINN - With unemployment up 68.3 percent year-on-year, on Nov. 10 Estonia began experiencing one of the most dramatic shifts in workplace dynamics in history – and according to analysts the trend is set to continue well into 2009.

According to third quarter data reported by Estonian Statistics the number of unemployed now sits at 44,000 – the highest recorded figure for several years !

November 27, 2008 in Work/Employment |

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