Unemployment in Latvia Hits 6.9%, EU and Eurozone Comparison

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In February 2024, the unemployment level in Latvia was 6.9%, surpassing the averages in both the European Union (EU) and Eurozone, as reported by Eurostat. Across the EU, Spain and Greece had the highest rates at 11.5% and 11% respectively, while the Czech Republic and Poland boasted the lowest rates at 2.6% and 2.9%. The overall EU unemployment rate stood at 6%, with Eurozone member states slightly higher at 6.5%. Data revealed a total of 13.249 million jobless individuals in the EU, with 11.102 million in Eurozone member states. This disparity underscores the challenges Latvia faces in addressing unemployment compared to its European counterparts.

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Riya Patel
Riya Patel
Riya Patel is a dedicated author at The Reportify covering the vast landscape of world news. With a commitment to providing comprehensive coverage, Riya brings you the latest updates, global events, and impactful stories in the World News category. She can be reached at riya@thereportify.com for any inquiries or further information.

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