The Baltics Today

The work ability reform has brought additional people into the Estonia`s labour market

he share of people of working age who were in employment reached 66.3% in the first quarter. In seasonally adjusted terms it stood at 67.3%, which is the highest figure in recent decades. The unemployment rate was one percentage point lower than a year earlier. Companies had to hire additional labour to accommodate rebounding demand, but labour productivity increased too. Growth in labour productivity will need investment in human capital by companies and a government policy that facilitates the movement of employees towards jobs with higher productivity.... Read more...

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