According to Statistics Estonia, in 2020, the average monthly gross wages and salaries were 1,448 euros, which is 2.9% higher than the year before. It has been ten years since the annual growth in wages and salaries was so modest. Since 2011, the annual growth rate has steadily been over 5% and has even risen above 7% in several years.
According to Statistics Estonia, in 2020, the labour force participation rate was 71.6%, the employment rate was 66.7%, and the unemployment rate was 6.8%. There were 47,900 unemployed persons, which is 16,600 more than in 2019.
According to Statistics Estonia, in the third quarter of 2020, there were 8,689 vacancies in the enterprises, institutions and organisations of Estonia. This is 27% less than in the third quarter of 2019. The biggest labour turnover was recorded in wholesale and retail trade, manufacturing, and education.
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