Lithuanian unemployment rate amounted to 13.2% in 2012, down by 2.1pps y/y, Statistics Lithuania announced. In 2012, there were total of 195 thousands unemployed people, down by 30,900 people y/y. Average male unemployment stood at 15.1% in 2012, down by 2.6pps y/y, while female unemployment rate stood at 11.5%, down by 1.4pps y/y. Long-term unemployment amounted to 6.5%, down by 1.4pps y/y. In 2012 total number of people in employment stood at 1.3mn people, up by 1.8% y/y. 90.6% of employed people worked full-time. 15-64 years old population employment rate stood at 62.2%, up by 1.9pps y/y. Youth (15-24 years old) unemployment declined by 5.8pps y/y to 26.4% in 2012. In Q4 total unemployment level stood at 13.0%, up by 0.7pps q/q. Male unemployment stood at 14.1%, while female unemployment stood at 11.9% in Q4. |
Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more