“Quarter-on-quarter, the number of people employed in the public sector grew by 2,400 (+0.6 percent) and in the private sector by 7,500 (+0.9 percent). This means that the situation in the labour market has not worsened – new jobs are being created, new workers employed. The growth of the number of people employed in the private sector shows that the situation in the labour market is improving not only because of emigration, but due to jobs being created,” said Prime Minister Algirdas Butkevičius.
Had as many people found jobs as left the country, then the number of the employed would not have changed. Whereas figures show that the number of the employed has increased. It particularly grew in construction (+2,800), administrative and service (+2,700), accommodation and catering (+1,200) companies. In a year the average number of employees increased by 29,400 or 2.5 percent. This was due to the improvement in the private sector, whereas the average number of employees in the public sector fell by 3,300.
The prime minister said that a breakthrough in reducing youth unemployment occurred in 2014, when it dropped by 3 percentage points below the EU average. Improvement of business conditions and targeted employment policy brought an obvious result, says Butkevičius. Based on employment of people aged up to 64 years, Lithuania has reached the highest level since 1998.
According to the prime minister, the new social model can help achieve better results in the labour market. Financial burden on businesses would be mitigated, while better paid jobs would be created in the private sector as well as greater job supply for young people.
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