Home / Knowledge / News / CSB releases Labour Force Survey results
CSB releases Labour Force Survey results
20
Aug '08
The economically active population or labour force consists of employed persons and persons who are actively seeking a job and are at age of 15 to 74 years.

Two thirds (67.8 %) of the population in this age group were economically active; this indicator comprised 73.4% among men and 62.9% among women. Compared to corresponding period of previous year in the 2nd quarter of 2008 number of economically active population has grown by 3.4%, according to sample Labour Force Survey results on the 2nd quarter of 2008 compiled by the Central Statistical Bureau.

Employed population:
Totally 1142.1 thsd persons (63.6% of the total number of population aged 15-74 years) in the country were employed. Only 3.2% of them did not work due to various reasons (vocation, illness, childcare leave, studies). Compared to the corresponding period of previous year, the number of employed in the 2nd quarter of 2008 has increased (1108.0 thsd persons in the second quarter of 2007), as has the share of employed in the total number of population (in the 2nd quarter of 2007 this indicator constituted 61.4%).

In the 2nd quarter of 2008 the share of men in the total number of employed was slightly higher than that of women, 50.9% and 49.1 %, respectively.

The livelihood of the population usually comes from various sources of income, and because of this during the survey respondents indicated several sources of income. Compiled results show that, most important of the income sources was wages and salaries – for almost three fifths (57.8% of the population aged 15-74).

The unemployed:
Persons aged 15-74, who in the reference week did not work and were not temporarily absent from work (vacation, illness, childcare leave of up to 3 months, etc,), and who during the last four weeks were actively seeking a job, and in case of finding it were prepared to start working within the next two weeks are considered as unemployed. Besides, these persons could be either registered or not registered with the State Employment Agency.

The results of the survey show that in the 2nd quarter of 2008 there were 76.5 thsd unemployed or 6.3% of the economically active population in Latvia (both employed and unemployed). Compared to the corresponding period of previous year, the number of unemployed in the second quarter of 2008 has increased (70.5 thsd in the 2nd quarter of 2007), as has the share of unemployed in the total number of economically active population (6.0% in the second quarter of 2007).

In the 2nd quarter of 2008 the share of unemployed males in the number of economically active men in the country was lower than that of females (in the share of economically active women), constituting 6.2% and 6.3%, respectively. Slightly more than one fourth (26.8%) of the unemployed were long-term unemployed.

Economically inactive population:
Apart from the employed and unemployed there is a part of the population who are not regarded as labour force and consequently they are economically inactive. The number of such persons in the 2nd quarter of 2008 comprised 577.8 thsd, and compared to corresponding period of previous year their number has decreased by 7.5 % (in the 2nd quarter of 2007 this indicator was 625.2 thsd).


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.6%
No
13.4%
Skip
9.0%

Total Votes: 67

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.2%
No
28.4%
Skip
10.4%

Total Votes: 67

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.1%
No
10.4%
Skip
4.5%

Total Votes: 67

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.6%
No
11.9%
Skip
13.4%

Total Votes: 67


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