Daugavpils, Latvia's second-largest city, is experiencing a dynamic shift in its job market as it adapts to the evolving economic landscape in 2024. The city's economy is primarily driven by manufacturing, logistics, and education, with emerging sectors such as technology and renewable energy gaining traction. Recent infrastructure developments, including improvements in transportation and digital connectivity, are expected to bolster job growth and attract new businesses. Daugavpils is poised for moderate job growth, with local industries adapting to global trends and increasing demand for skilled labor.
Daugavpils is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Daugavpils include:
Daugavpils is witnessing a shift towards more specialized and skilled job roles, particularly in technology and renewable energy sectors. The city's job growth rate is projected to be around 5% annually, with technology and logistics leading the way. Income inequality remains a concern, with efforts being made to bridge the gap through education and skill development programs. Job turnover rates are relatively stable, with a noticeable increase in demand for tech-savvy professionals.
Remote work is becoming increasingly popular in Daugavpils, with approximately 30% of the workforce engaged in remote or hybrid roles. The technology and marketing sectors are at the forefront of this trend, offering numerous remote job opportunities. Local companies like IT House are embracing remote work, providing flexible job options to attract talent. City-specific job boards and platforms are emerging to cater to the growing demand for remote positions.
Daugavpils offers a variety of job resources, including local job boards and career fairs that connect job seekers with employers. The Daugavpils Business Incubator provides support for startups and entrepreneurs, fostering innovation and job creation. Verified local job boards include CV-Online Latvia and Daugavpils Employment Agency. National platforms like Indeed, LinkedIn, and Glassdoor are also valuable resources for job seekers.
The Property Prices Rankings for Latvia evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Manufacturing and logistics are key industries in Daugavpils, with steady job growth expected.
The technology sector is rapidly expanding, offering numerous opportunities for skilled professionals.
Remote work is on the rise, with local companies providing flexible job options.
Local job boards like CV-Online Latvia are essential resources for job seekers.
Job seekers in Daugavpils should tailor their resumes to highlight relevant skills and experiences, particularly in emerging industries like technology and renewable energy.
Networking through local events and online platforms can significantly enhance job search efforts.
A bachelor's degree can improve employment prospects, with higher education often leading to better job opportunities and salaries.
Residents can benefit from career development programs and workshops offered by local educational institutions and employment agencies.