logo
  

Estonia Jobless Rate Rises In Q1

Estonia's jobless rate increased for the first time in four quarters during the three months to March, data from Statistics Estonia showed on Monday.

The unemployment rate climbed to 5.5 percent in the first quarter from 5.2 percent in the fourth quarter. In the same quarter last year, the jobless rate was 7.1 percent.

The number of unemployed increased by 3,300 persons sequentially to 39,600 persons in the first quarter.

"The number of people who had been out of work for more than a year was 11,100, a few thousand less than a year ago," Statistics Estonia analyst Katriin Põlluäär said.

The employment rate rose to 69.0 percent in the first quarter from 67.6 percent in the previous quarter.

The number of those with jobs rose by 24,800 persons year-on-year to 675,300 employed persons.

The labor force participation rate was 73.1 percent in the first quarter, which was the highest for a long time, the agency said.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
J&M Foods is recalling certain Lavender Shortbread Cookies sold through department store chain Target Corp. due to undeclared allergens, the U.S. Food and Drug Administration said. These packages were erroneously packed with Chocolate Chip Cookies and do not disclose the presence of a possible allergen, such as soy or eggs. A multi-state listeria outbreak that has killed one and sickened at least 23 others has been linked to Florida -based Big Olaf Creamery brand ice cream, according to the Centers for Disease Control and Prevention or CDC. The outbreak strain has been reported from 10 states, resulting in 22 hospitalizations. One death has been reported from Illinois. Natreve, a premium wellness company, is recalling certain Vegan Protein Powder due to undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The recall involves specific batches of its Vegan Protein Powder French Vanilla Wafer Sundae flavor. The impacted products are stored in 13 oz (10 servings) and 1.47lb (18 servings) white tubs.
Follow RTT