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 2021 in the State Employment Agency were registered 8,3 thousand young people aged 15-24 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.