FX.co ★ Estonia’s Jobless Rate Climbs to 7.0% in Q1 2026, Up from Late-2025 Levels

Estonia’s unemployment rate rose to 7.00% in the first quarter of 2026, up from 6.40% recorded in the fourth quarter of 2025, according to data updated on 15 May 2026. The latest reading suggests a softening in the Baltic nation’s labor market as the year began.

The figure is assessed on a year-over-year basis, comparing the first quarter of 2026 with the same period a year earlier, while the previous 6.40% reading reflected a year-over-year comparison for the fourth quarter of 2025. The increase underscores mounting pressure on employment conditions, with the pace of joblessness edging higher as Estonia moves into 2026.

Analysts and market participants will be watching upcoming quarters closely to see whether the first-quarter uptick marks the start of a more persistent trend in rising unemployment or a temporary adjustment following late-2025 conditions.