No Picture

Lithuania’s wage and labour productivity dilemma

Lithuania, along with Hungary, Latvia, Romania and Bulgaria, offer the lowest production costs in the EU, the latest Eurostat data shows. Average hourly labour costs in the manufacturing industry in Lithuania in 2015 was €6.7 […]


Three out of four Lithuania‘s pensioners work

Three out of four pensioners in Lithuania have occasional or regular work to supplement the small retirement pensions they receive. Currently, the average retirement pension is less than half the average wage in Lithuania (around […]


Lithuanian labour costs grow

Over the first quarter of this year, labour costs grew by 6.1% compared to the same period last year. Statistics Lithuania reported that labour costs for business companies grew by 7% during the same period. […]