Lithuanian official unemployment rate stood at 13.1% in Q1, Statistics Lithuania announced, up by 0.1pp q/q. In Q1 there were 191,200 unemployed, up by 0.6% q/q. Male unemployment rate stood at 14.8%, up by 0.7pp y/y, while female stood at 11.4% declined by 0.5pp q/q. There were 107,600 unemployed males, and 83,700 unemployed females in Q1. Youth (15-24 years old) unemployment rate stood at 22.7% in Q1. Long-term unemployment rate stood at 5.9% in Q1, down by 0.1pp q/q. There were 1.27mn people employed in Q1, down by 0.4% q/q. In Q1/12 total unemployment stood at 14.5%, with youth unemployment at 28.2%, and long-term unemployment rate at 7.3%.
The EU and Armenia signed a comprehensive and advanced partnership agreement and a common aviation area agreement at the Eastern Partnership summit on November 24, according to an ... more
The finance ministers of the European Union member states have called for the creation of a blacklist of tax havens to crack down on tax dodging, the ministers said at a meeting in Brussels on ... more
Labour productivity increased faster than the growth of labour costs in the Estonian business sector in the first half of the year, Eesti Pank (The Bank of Estonia) announced on October 25. ... more