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ManpowerGroup Talent Solutions: Global QMR Q3 2023 | 62 Gross Domestic Product (GDP) Growth Year on Year Inflation Real Wage Growth Year on Year Nominal Wage Growth Year on Year Employed and Unemployed Population over Time Labor Force Participation Rate (15-64 years) Economic Factors Real Wage Growth is adjusted for inflation. Nominal Wages are not adjusted for inflation. Due to rounding, various data sources and time frames figures may not calculate exactly. Key Sources: ILOSTAT, https://www.ilo.org/digitalguides/en-gb/story/globalwagereport2022-23#home https://www.imf.org/en/ www.oecd.org https://ec.europa.eu/eurostat/data/ Latvia 79.5% 0.6% 7 .1% 7 .4% 7 .9% 74.3% 75.5% 72.0% 74.1% 73.0% 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 2019 2020 2021 2022 2023 Male Participation Female Participation 909 91 92 92 59 69 91 90 92 Employed Population in Thousands 62 59 4 2 74 61 63 64 61 6.4% 6.0% .6% .4% 7.9% 6.6% 6.6% 6.7% 6.4% 3 1 3 1 3 1 3 1 3 2019 2020 2021 2022 2023 nemployed Workers in Thousands and nemployment ate 0 5,000 10,000 15,000 20,000 25,000 30,000 2020 4 2021 1 2021 2 2021 3 2021 4 2022 1 2022 2 2022 3 2022 4 2023 1 2023 2 0 1,000 2,000 3,000 4,000 5,000 6,000 2020 4 2021 1 2021 2 2021 3 2021 4 2022 1 2022 2 2022 3 2022 4 2023 1 2023 2 Hiring Demand Trend by Selected Industry Hiring Demand Trend Eurostat