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YouthWiki

EACEA National Policies Platform: Youthwiki
Latvia

Latvia

3. Employment & Entrepreneurship

In order to promote competitiveness of entrepreneurs, the policy for entrepreneurship and employment in Latvia is developed and implemented by the Ministry of Economics, however, the issues under the competency of the Ministry of Economics do not set apart youth entrepreneurship as a separate category of entrepreneurship. The Ministry of Economics specifies that the age for starting entrepreneurship in Latvia is 18 years. State Emplyment Agency is an instution resposiblle for unemployment, including youth unemplayment.

At the end of 2014 in the State Employment Agency were registered 7419 young people aged 15-24 and 9086 young people aged 25-29 as unemployed persons.

In 2015 an activation measure to reach young people not in employment, education or training (NEETs) in municipalities has been launched by implementing different mentoring and motivation programs to help young people to understand necessity to return to studies or labour market, putting a special focus on young people facing difficulties.

When assessing the young people's wishes regarding their status in the labor market, it is observed that the majority would like to be entrepreneurs - 63% would choose to be entrepreneurs who give work to other people, and another 8% of entrepreneurs who work for themselves and their families. 16%, on the other hand, would choose to be self-employed and work alone on their own. And only 12% would like to be employees. There are no differences between the socio-demographic groups - girls would be slightly more likely to be employed than boys (14% and 11% respectively), and those who speak English daily, slightly more often than Russian speakers, would be chosen to be employed (13% and 10%) .

These data show that young people in Latvia have a very high orientation towards entrepreneurship, however, they are not practiced in practice. This study does not provide data to analyze the causes of such contradictions, but it also allows identifying this issue as in-depth and highly emphasized in youth policy and youth work.

Linked to the above, it should be noted that only 18% of young people have used career counseling over the past year, while an absolute majority has not. It is observed from the socio-demographic point of view that it was slightly more frequent by 16-19 year-olds (23%) and girls (21%).