Growth in number of job vacancies slowed in the fourth quarter

News
Posted on 8 March 2023, 8:00

According to Statistics Estonia, in the fourth quarter of 2022, there were 11,289 job vacancies in the enterprises, institutions and organisations of Estonia. This is 1.7% more than in the same quarter of 2021. Fewer than 7,000 persons left their job at the initiative of the employer.

Argo Tarkiainen, analyst at Statistics Estonia, said that the number of vacant posts in the fourth quarter of 2022 was bigger than in the same quarter the year before, but the growth has slowed down. “In the third quarter of 2022, there were 15% more vacant posts than in the third quarter of 2021. But in the fourth quarter of 2022, the year-on-year increase was modest at 1.7%,” he explained.

In the fourth quarter of 2022, the total number of vacant and occupied posts was 630,825. The largest share of these posts were in manufacturing, trade, and education. The number of job vacancies was the highest in wholesale and retail trade (1,897), education (1,599), and public administration and defence (1,493).

38% of all job vacancies were in the public sector. “The rate of job vacancies was the highest in public administration and defence and in financial and insurance activities, and the lowest in agriculture and in transportation and storage,” said Tarkiainen.

Rate of job vacancies by economic activity, 4th quarter, 2021–2022

Most of the vacant posts were in Harju county (81.7%), including Tallinn city (74.1%), followed by Tartu county (4.9%) and Ida-Viru county (3.4%). The rate of job vacancies was the highest in Harju and Viljandi counties and the lowest in Hiiu and Valga counties.

In the fourth quarter, 40,272 persons were hired and 46,280 persons left their job. Labour flows are characterised by labour turnover (the total number of engaged employees and employees who left) which fell by 4% compared with the fourth quarter of 2021. “The number of new hires and the number of employees who left their job were both the highest in wholesale and retail trade, manufacturing, and administrative and support service activities. 6,734 employees left their job at the initiative of the employer, which accounted for 15% of all the employees who left work,” added Tarkiainen.

To estimate the number of occupied posts and labour turnover, Statistics Estonia uses the data of the employment register of the Estonian Tax and Customs Board. The quarterly average number of job vacancies and occupied posts is published as at the end of the month. The main representative of public interest for the statistical activity is the Ministry of Economic Affairs and Communications, commissioned by whom Statistics Estonia collects and analyses the data necessary for conducting the statistical activity.

More detailed data have been published in the statistical database.

See also the dedicated section on wages and salaries and labour costs.

For further information:

Hanna-Liisa Ruul
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9264

 

Photo: Shutterstock

On 23 December, the phone line of Statistics Estonia’s customer support is open until 13:00. The phone line is closed on 24, 25 and 26 December. Happy holidays!