CV Market Latvia Trends and challenges of Latvian labour market Anna Demeshko, Key Account Manager 05.02.2013. Riga.

CV Market Latvia

Trends and challenges of Latvian labour market

Anna Demeshko,Key Account

Manager05.02.2013.

Riga

Unemployment index in Latvian regions

The registered unemployment rate in Latvia, December 31, 2012 – 10,5 %

*source: www.nva.lv (State Employment Agency) 2

Unemployment rate dynamics, period: January 2007- December 2012

*source: www.nva.lv (State Employment Agency) 3

The registered unemployment rate at the end of period, %

The unemployment rate by education level (%, December, 2012)

*source: www.nva.lv (State Employment Agency) 4

1. Professional Education – 37,2 % 2. Secondary Education – 26,8 % 3. Primary Education – 20 % 4. Higher Education – 12,5 %

28 % 72 %

5. Lower than Primary Education – 3 %

The number of unemployed persons and job vacancies (at the end of period)

*source: www.nva.lv (State Employment Agency) 5

The number of vacancies

The number of vacancies

The number of unemployed persons for 1 vacancy

SEA registered number of vacancies

January, 2008 December, 2008

December, 2009

December, 2011

December, 2010

December, 2012

The most requested jobs by employers, Year 2012

*source: www.nva.lv (State Employment Agency) 6

Labourer Cook

Salesman

Truck driver

Sewer

Sales consultant

Peat extraction labourer

The labourer of fish factory

Finishing labourer

Cleaner

The number of vacancies by category, December, 2012

*source: www.cvmarket.lv 7

Latvian labour market research 2012

*source: www.cvmarket.lv 8

What level of employees is planned to hire during the next 6 months?

The company’s CEO

Department Manager

Project Manager

Branch Specialist

Sales specialist

Client Service Specialist

Assistant

Clerk

Skilled worker

Worker without experience

Other

Resources, which use companies, to find suitable candidates for their vacancies

*source: www.cvmarket.lv 9

Job ads posting on Job Websites

Using of electronic CV database

Job ads posting in the popular Latvian pressJob ads posting in the local press

Job ads posting in advertising newspaper Informing of State Employment Agency

Job ads posting using of notice boards, stops, public transportThrough workers, relatives, familiars

Job ads posting on the corporate website of the companyUsing of social network

TV and radio advertising

Other sources

Latvian labour market situation by the employers’ opinion

*source: www.cvmarket.lv 10

The Latvian labour market is stable

There are a lot of free workers in the market

The lack of skilled workers

In the near future there will be a lot of new vacancies

Expecting of unemployment increase

The most popular states for work abroad for Latvian and Estonian jobseekers

*source: www.cvmarket.lv 11

%

LatviaEstonia

Where are people looking for a job?

*source: www.cvmarket.lv 12

Job portal users’ profile by CV Market data

*source: www.cvmarket.lv 13

Jobseekers’ profile by CV Market data

*source: www.cvmarket.lv 14

Jobseekers’profile by CV Market data

*source: www.cvmarket.lv 15

Where people want to work?

*source: www.cvmarket.lv 16

The most desired criteria choosing a place to work:

Stability

Good salary Great team

Career Opportunities

Interesting tasks, challenges

Comfortable, safe environment

Modern equipment

Modern, perspective, profitable company

Creative work environment

The most requested jobs by employers by CV Market data

*source: www.cvmarket.lv 17

Sales Specialist/Sales Manager Shop Assistant Programmer Logistics Manager Mechanic Cook Engineer

Latvian Labour Market: Conclusion

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The smallest unemployment rate was in Year 2008 – 5 %, the biggest one in Year 2010 – 16,6 %, tendency in Year 2012 – reduction every month by 0,2-0,3 %

People with Professional Education are the most needed in work, privelege – people with Higher Education, mostly – men

The number of registered unemployed persons exceed the number of vacancies – the 33 unemployed aspire to 1 vacancy in December, 2012

The most requested jobs are in category “Sales” and “Customer Service”

Latvian Labour Market: Conclusion

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The most popular resources to find new employees – through familiars, relatives and posting job ads on Job Websites

People are looking for the job using Job Websites, Social Networks and Personal contacts

Average user’s profile by CV Market data - employed person, age 20-40, with Higher Education

The biggest problem of Latvian Labour Market is emigration of economically active people and lack of skilled workers

CV Market Latvia

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Thank You for Your attention!

CV Market contacts

CV Keskus OU LatviaKr. Barona street 25-14, Riga

Anna Demeshko, Key Account [email protected].: +371 67358851Mob.: +371 29426782Fax.: +371 67358849

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