Youth unemployment declining in Lithuania

DELFI / Šarūnas Mažeika

According to the statement released by the Ministry of Welfare and Labour, during the first half of 2014, 29,700 young jobseekers under 29 years old were employed.

On 1 July, 26,700 jobseekers under 29 were registered by the Lithuanian Labour Exchange; it is 14,400 fewer compared to 1 July 2013.

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At present, the under-29s constitute eight percent of the total unemployed; it is several percent fewer as compared to the same period last year.

During the first half of this year, 41,700 jobseekers aged 16-29 turned to local labour exchange offices; it is 14.2 percent fewer compared to the same period last year. Every fourth young jobseeker under 25 years old is a college graduate. Two thirds of them have been registering in June-September.

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During January-June 2014, the Lithuanian Labour Exchange has provided employment intermediation services to two out of three registered young jobseekers under 29.

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