Estonia Unemployment Rate

The unemployment rate in Estonia rose to 7.6% in the fourth quarter of 2024 from 6.3% in the corresponding period of the previous year. The number of unemployed persons increased by 8.7 thousand from a year earlier to 55.3 thousand while employment grew by 1.4 thousand to 694.8 thousand. There were 28 thousand unemployed men with a 7.5% unemployment rate and 27.3 thousand unemployed women with 7.2% unemployment rate. In the meantime, the labor force participation rate rose to 74% in the fourth quarter of 2024 from 73.7% in the same period last year, while the employment rate dropped to 68.5% from 69.1%.