Unemployment in Lithuania edges down over quarter
Statistics Lithuania reports that, according to the Labour Force Survey data, in the second quarter of 2015, the unemployment rate stood at 9.4 percent. […]
Statistics Lithuania reports that, according to the Labour Force Survey data, in the second quarter of 2015, the unemployment rate stood at 9.4 percent. […]
Economist Dr.Zoltan Pogatsa believes that the Eurozone states of the former Eastern bloc have been duped by the major powers into firmly opposing Greece. They are being led to believe that Athens is damaging to their economies. It’s all a deception, the Hungarian professional of political economy argues, as Eastern Eurozone members’ money never actually went to Greece, but to Brussels, in order to support the euro. […]
Lithuania has received recommendations from the European Commission on the most pressing issues in the economy that need addressing. Disturbingly, over 30 percent of people in Lithuania face poverty risk, labour taxes are punishing, while levies on wealth – less detrimental to economic growth – are all but non-existent. Experts say the first steps would be introducing tax on real estate and cars. […]
In March 2015, Lithuania’s seasonally adjusted unemployment level stood at 9.5 percent with 139 000 seekers in the country, Eurostat, the statistical office of the European Union, said. […]
There were better employment opportunities in March, as a 28.4 percent increase of job offers was recorded in Lithuania. The demand for fixed-term contracts grew particularly. More job proposals were registered for operators of mobile agricultural and forestry machinery, nursing specialists, painters, construction and mechanical engineers. The demand remained high for salespeople, drivers of heavy lorries and cargo vehicles as well as advertising and marketing specialists. There were a total of 29,200 job vacancies registered at the Labour Exchange in March. […]
Lithuania’s seasonally adjusted unemployment level stood at 9.4 percent in December 2014, Eurostat, the statistical office of the European Union, said. […]
Swedbank analysts say that Lithuania’s labour market continues improving, even though rapid wage growth does pose some challenges. Looking ahead, slower employment growth and strong wage growth are expected. […]
In the second quarter of this year unemployment declined to 11.2% and was 1.2 percentage points lower than in the previous quarter. Youth unemployment, on the other hand, increased slightly to 21.3%. Long term unemployment declined to 5% and was 0.2 percentage points lower than in the first quarter. […]
Even though Lithuania’s economic growth rate surpasses that of other European Union member states, unemployment rate is higher than the regional average and, most importantly, it does not seem to be decreasing, notes economist Gitanas Nausėda. […]
Since the beginning of this year, youth unemployment in Lithuania has gradually declined. On 1 January, it stood at 6.2 percent, while on 1 July it went down to to 3.5 percent. […]
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