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ΠΡΟΦΙΛ ΣΥΝΑΛΛΑΣΣΟΜΕΝΩΝ ΧΩΡΩΝ
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Labour market
The active population in figures |
Working conditions |
Cost of labor |
Social partners
The active population in figures
| Main indicators |
| Labor force |
| Labor force (annual growth, %) |
| Rate of activity (%) |
| Unemployment rate (%) |
πηγή:
Working conditions
- Legal weekly duration
- 40 hours
- Retirement age
- 55 for women and 60 for men.
- Working contracts
- Employment contracts are regulated by law and to a lesser degree by collective agreements.
The terms of employment contracts are very rigid.
Cost of labor
- Minimum wage
- 90 lats (USD156)
- Average wage
- The average net salary in 2008 was LVL 477 (EUR 680 ), which is an increase of 45% compared to 2006. In the public sector, the gross average salary has reached LVL 568 (808 EUR), while in the private sector it is LVL 434 (EUR 620).
- Social contributions
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Social security contributions paid by employers: 26.09 %.
Social security contributions paid by employees: 9 %.
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