Riga forecasts gradual decrease in unemployment

Riga forecasts gradual decrease in unemployment


The Latvian Finance Ministry expects that unemployment will gradually decrease in Latvia in the coming five years, and the forecast unemployment rate for 2007 is 6.9 percent of eligible residents.
The ministry said the decrease in unemployment would be prompted by increasing economic activity as well as various economic measures - regional development, promotion of investments, regional mobility of workforce, development of small- and medium-sized enterprises, and others. The forecast unemploym...


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