This document summarizes labor market and wage statistics in Estonia from November 2014. It finds that in the third quarter of 2014: - The employment rate was 68.2% and unemployment rate was 5.7% - The highest average monthly gross wages were in financial activities (€1614) and the lowest in accommodation/food services (€545) - Wages increased the most in real estate activities (12.8% increase) and declined the most in information/communication (-3.2% decrease) compared to the third quarter of 2013. - By county, wages increased the most in Hiiu county (20.4% increase) and least in Ida-V

1. Labour market, wages and salariesin EstoniaNovember2014Source: Statistics EstoniaCompiledbyKadri Seeder

2. LABOUR MARKET

3. 0
100
200
300
400
500
600
700
thousands
Labour market: Labour status of population aged 15-74, thousands
Employed, thousands
Unemployed, thousands
Inactive persons, thousands
Source: Statistics Estonia

4. 0
10
20
30
40
50
60
70
80
%
Labour market: Labour status of population aged 15-74, %
Labour force participation rate, %
Employment rate, %
Unemployment rate, %
Source: Statistics Estonia

5. 0
20
40
60
80
100
120
140
Accommodation and food service activities
Public administration and defence, compulsory social…
Transportation and storage
Construction
Wholesale and retail trade; repair of motor vehicles and…
Electricity, gas, steam, water supply; sewerage, waste…
Other activities
Information and communication
Human health and social work activities
Agriculture, forestry and fishing
Professional, scientific and technical activities
Mining and quarrying
Financial and insurance activities
Education
Arts, entertainment and recreation
Real estate activities
Manufacturing
Administrative and support service activities
Employed persons by economic activity
3rd quarter 2014
3rd quarter 2013
Source: Statistics Estonia
Change
6.2%
4.9%
3.9%
3.0%
2.5%
1.7%
1.4%
1.4%
1.4%
1.0%
0.1%
-0.8%
-1.0%
-1.6%
-2.5%
-2.8%
-3.8%
-8.7%

6. 0
20
40
60
80
100
120
140
Managers
Professionals
Technicians and associate professionals
Clerical support workers
Service and sales workers
Skilled agricultural, forestry and fishery workers
Craft and related trade workers
Plant and machine operators, and assemblers
Elementary occupations
Employed persons by major group of occupations
3rd quarter 2014
3rd quarter 2013
Source: Statistics Estonia
Change
6.1%
0.3%
6.4%
16.3%
8.6%
14.7%
1.7%
-9.0%
-17.2%

7. WAGES AND SALARIES

8. 246
277
305
331
363
411
484
583
670
637
637
672
706
757
314
352
393
430
466
516
601
725
825
784
792
839
887
949
532
581
628
696
808
974
1113
1067
1074
1137
1203
1284
0
200
400
600
800
1000
1200
1400
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
EUR
Years
Averagemonthlygross and net wages,andlabour costsperemployee
Average monthly net wages, euros
Average monthly gross wages, euros
Average monthly labour costs per employee, euros
Source: Statistics Estonia

9. 0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
0
200
400
600
800
1000
1200
2006 I q
II q
III q
IV q
2007 I q
II q
III q
IV q
2008 I q
II q
III q
IV q
2009 I q
II q
III q
IV q
2010 I q
II q
III q
IV q
2011 I q
II q
III q
IV q
2012 I q
II q
III q
IV q
2013 I q
II q
III q
IV q
2014 I q
II q
III q
EUR, hourly wage
EUR, monthly wage
Average monthly and hourly gross wages
Average monthly gross wages
Average hourly gross wages
Source: Statistics Estonia
2013
2014
I q
II q
III q
IV q
I q
II q
III q
900
976
930
986
966
1023
977
5.63
5.71
5.58
5.99
6.02
6.21
5.89

10. 5.1%
-10%
-5%
0%
5%
10%
15%
20%
25%
2001 I q
III q
2002 I q
III q
2003 I q
III q
2004 I q
III q
2005 I q
III q
2006 I q
III q
2007 I q
III q
2008 I q
III q
2009 I q
III q
2010 I q
III q
2011 I q
III q
2012 I q
III q
2013 I q
III q
2014 I q
III q
Change of average monthly gross wages and real wages
Change of real wages
Change of monthly gross wages
Change of hourly gross wages
Source: Statistics Estonia
Note: Real wagestake into account the influence of the change in the consumer price index
Thesame quarterof previousyear= 100

11. 728
902
1614
709
982
1010
915
1174
710
974
1204
977
916
1306
1352
991
1060
606
545
1567
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Real estate activities
Agriculture, forestry and fishing
Financial and insurance activities
Education
Transportation and storage
Human health and social work activities
Administrative and support service…
Public administration and defence;…
Arts, entertainment and recreation
Manufacturing
Professional, scientific and technical…
Economic activities total
Wholesale and retail trade; Repair of…
Mining and quarrying
Electricity, gas, steam and air…
Water supply; sewerage, waste…
Construction
Accommodation and food service activities
Other service activities
Information and communication
EUR
Average monthly gross wage by economic activity
3rd quarter 2014
3rd quarter 2013
Source: Statistics Estonia
Change
12.8%
11.3%
9.5%
9.1%
8.5%
7.4%
7.1%
7.0%
6.7%
6.1%
5.5%
5.0%
4.2%
4.1%
3.3%
2.4%
1.0%
0.2%
-0.8%
-3.2%

12. 967
803
824
762
753
809
821
782
823
923
791
977
763
1120
1100
750
769
0
200
400
600
800
1000
1200
1400
1600
Hiiu county
Viljandi county
Pärnu county
Jõgeva county
Valga county
Saare county
Lääne county
Järva county
Lääne-Viru county
Tartu county
Rapla county
Average
Võru county
..Tallinn
Harju county
Põlva county
Ida-Viru county
EUR
Average monthly gross wage by county
III quarter 2014
III quarter 2013
Source: Statistics Estonia
Change
20.4%
13.1%
10.5%
8.2%
8.2%
7.9%
7.7%
7.4%
6.7%
6.3%
6.3%
5.1%
4.2%
3.9%
3.9%
3.3%
1.6%

13. 1155
731
897
1202
977
1077
686
840
1177
930
0
200
400
600
800
1000
1200
1400
1600
State
Local government
Estonian personin private law
Foreign person inprivate law
Average montlhlygross wage
EUR
Average monthly gross wages by kind of owner of an enterprise (institution, organisation)
3nd quarter 2014
3nd quarter 2013
Source: Statistics Estonia
Change
7.2%
6.6%
6.8%
2.1%
5.1%

14. For furtherinformation and comments please contact:
The Salary Information Agency
E-mail: palgauuring@palgainfo.ee
Phone: +372 56885066
http://www.salaryinfo.eu