Home / Knowledge / News / Unemployment fall in all age groups
Unemployment fall in all age groups
18
Feb '08
At the end of 2007 the decline in unemployment continued — in the 4th quarter the unemployment rate decreased to 4.1%. The annual average unemployment rate was 4.7% last year, which is smallest during the last 15 years.

Unemployment has decreased in all age groups, most among the youth. The unemployment rate of persons aged 15–24, which in 2004 was still over 20% dropped to 10% last year. The rapid decrease in the unemployment rate of non-Estonians also continued — from 9.7% in 2006 to 6.9% in 2007.

Compared to Estonians (3.6%) it was still about two times bigger. In the region of highest unemployment, Northeastern Estonia, unemployment rate decreased from 12.1% to 9%, in the region of smallest unemployment, Northern Estonia — from 4.3% to 3.3%.

In 2007, 655,000 persons aged 15–74 were employed, 32,000 were unemployed and 359,000 were economically inactive. Compared to 2006, the number of employed persons grew by 9,000. Employment increased due to the decline in unemployment and inactivity.

Employment has increased since 2001. The number of employed persons grew most in 2006. If in earlier years the employment growth was 1–2% in a year, then in 2006 the number of employed persons grew rapidly — by 6.4%. In 2007, the employment growth declined to the level of previous years — the number of employed persons grew by 1.4% compared to 2006.

From the point of view of economic activities, the employment growth was most influenced by construction, where the number of employed persons grew by 18,000 persons in 2007 compared to 2006. Employment increased also in financial intermediation, real estate, renting and business activities as well as in other community, social and personal service activities.


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search