The Latvian economy as well as employment has been growing in last five years, although the unemployment rate is still relatively higher. The country has experienced significant increase of number of people with tertiary education and prospects for VET graduates remained good.
The future, however, may see reverse of this trend. Ageing of Latvian population is a challenge and country’s employment as well as well as number of people in working age (15-64) will over the period to 2030. Some sectors will experience employment growth though, accommodation & food, transport & storage and health & social care. Office professionals and personal service workers will add most new jobs in this period, while more than half of total job openings (including replacements for vacated jobs) till 2030 will require high-level qualifications.