töötusprotsendi
Töötusprotsent is an Estonian term that translates to unemployment rate. It is a key economic indicator that measures the percentage of the labor force that is jobless and actively seeking employment. This figure is crucial for understanding the health of an economy and the well-being of its population.
Calculating the unemployment rate typically involves dividing the number of unemployed individuals by the total labor
A high unemployment rate can indicate a struggling economy, leading to reduced consumer spending, lower tax
The Estonian statistical agency, Statistics Estonia, is responsible for collecting and publishing data on unemployment in