Unemployment in Estonia

Estonia Unemployment | Economic News & Forecasts

Estonia - Unemployment

Estonia’s president approved a coalition government led by the Center Party on 23 April, following the Reform Party’s unsuccessful attempt to secure a parliamentary majority. Although the new government includes the euroskeptic, hardline anti-immigrant EKRE, incumbent Prime Minister Juri Ratas is set to keep his seat and has promised no changes to Estonia’s pro-Western posture. Among the new government’s priorities are revamping the pension system—against the recommendation of the Central Bank—and taking a harder stance on a long-delayed infrastructure project. Moreover, it is set to contest the European Union’s budget rules, which could bruise relations with the bloc. Against this backdrop, growth seems to have lost steam since the outset of the year. Economic sentiment was weak through the first quarter, while industrial output and exports each decelerated in January-February.

Estonia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate8.6  7.3  6.2  -     -     

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Estonia Unemployment Chart

Estonia Unemployment
Note: Unemployment in % of active population.
Source: Statistics Estonia.

Estonia Facts

Exchange Rate1.120.65 %May 13
Stock Market1,254-0.38 %May 13

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