Latvian Employers Confederation forecasts salary climb
Construction work
The BNN news network report in their article dated January 14, 2011 about a forecasted salary increase in the trade and construction industry.
The registered unemployment rate will drop in 2011 for sure – first and foremost due to the fact because jobless persons have already made use of all types of support programmes. It will not be beneficial for them to continue being unemployed, considers the Latvian Employers’ Confederation.
Construction work
The employment indicators could fall by 2 to 3 percentage points this year – respectively, the number of the unemployed could drop from 14% to 13%, which is about 150 000 jobless persons.
The employment growth will not be fast, because it is a characteristic of a post-crisis period that growth is mainly based on productivity boost, the experts indicate to the business news portal BNN.
The full article is available at the BNN news network.
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