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Estonian residents have become more aware of the importance of travel insurance
The value of travel insurance policies taken out in Estonia was 25.7 million euros in 2023, and 22.4 million euros in 2022. How common is travel insurance in Estonia? What is the total value of premiums and claims paid? In this blog post, Statistics Estonia’s analyst Egle Loorits takes a closer look at the latest data on travel insurance.
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Unemployment rate reached 7.1 percent
According to Statistics Estonia, in the second quarter of 2020, the labour force participation rate was 70.4%, the employment rate was 65.4%, and the unemployment rate was 7.1%. There were 49,400 unemployed persons, which is 14,400 more than in the first quarter.
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In the first quarter, part-time employment increased
According to Statistics Estonia, in the first quarter of 2020, the labour force participation rate in Estonia was 71.7%, the employment rate was 68.1%, and the unemployment rate was 5%. These indicators do not yet reflect the negative impact of the emergency situation on the Estonian labour market.
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Working part-time continues to be popular
According to Statistics Estonia, in 2019, the labour force participation rate was 71.6%, the employment rate was 68.4% and the unemployment rate was 4.4%. The annual average number of persons active in the labour market was 702,600 and persons employed numbered 671,300.