As per Eurostat data, Latvia’s job vacancy rate shows a clear trend of growing labour market pressure over the past decade. The rate rose from 1.5% in 2015 to 3.1% in 2019 as a result of robust economic expansion and growing labor demand that the local workforce was unable to satisfy. Due to slowdowns brought on by the pandemic, the rate fell to 2.2% in 2020, but shortages soon resumed, rising to 2.7% in 2021 and reaching a peak of 2.9% in 2022. The high vacancy rates in 2023 and 2024 (2.7% and 2.6%, respectively) indicate that labor shortages.
Industry-specific labor shortages exist in Latvia, with a number of sectors experiencing significant hiring pressure. With a 3.3% vacancy rate, the mining sector leads, underscoring the challenge of finding technical and extraction workers. Strong demand is also seen in construction (2.8%) and transportation and storage (2.9%), which are fueled by the expansion of logistics, infrastructure, and regional trade. The continued need for production workers and service personnel is reflected in the 2.5% vacancy rates reported by the manufacturing sectors.
Latvia is facing the highest demand for drivers and vehicle operators (1,056 vacancies), showing strong pressure in transport and logistics. Technical managers (869) and metal and machinery workers (914) are also in short supply, which reflects production and industrial difficulties. Service support roles remain difficult to fill, with cleaners and helpers (810) and technical labourers (673) showing large gaps. With demand for machine and plant operators (371), construction workers (534), and other manufacturing workers (630),&refer graph
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