Employment Rate in Lithuania decreased to 71.40 percent in the second quarter of 2020 from 73 percent in the first quarter of 2020.

Employment Rate in Lithuania averaged 64.63 percent from 2002 until 2020, reaching an all time high of 73.20 percent in the third quarter of 2019 and a record low of 56.30 percent in the first quarter of 2010. This page provides - Lithuania Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Employment Rate - values, historical data and charts - was last updated on October of 2020.

Employment Rate in Lithuania is expected to be 73.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Lithuania to stand at 73.02 in 12 months time. In the long-term, the Lithuania Employment Rate is projected to trend around 73.44 percent in 2021 and 73.68 percent in 2022, according to our econometric models.

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Lithuania Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
71.40 73.00 73.20 56.30 2002 - 2020 percent Quarterly
NSA

Lithuania Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.10 13.70 15.30 2.70 percent [+]
Employed Persons 1351.50 1386.40 1497.40 1221.90 Thousand [+]
Unemployed Persons 243.27 235.56 330.58 58.20 Thousand [+]
Labor Force Participation Rate 62.20 62.00 62.60 54.70 percent [+]
Long Term Unemployment Rate 2.40 2.10 10.80 0.80 percent [+]
Youth Unemployment Rate 25.40 23.10 36.20 7.60 percent [+]
Labour Costs 138.00 132.00 138.00 35.90 points [+]
Job Vacancies 17298.00 15011.00 26118.00 4157.00 [+]
Wages 1381.00 1381.00 1381.00 297.90 EUR/Month [+]
Wages in Manufacturing 1381.00 1381.00 1381.00 297.90 EUR/Month [+]
Minimum Wages 607.00 607.00 607.00 92.14 EUR/Month [+]
Population 2.79 2.81 3.71 2.76 Million [+]
Retirement Age Women 63.00 62.67 63.00 59.00 [+]
Retirement Age Men 64.00 63.83 64.00 62.50 [+]
Productivity 116.00 114.90 116.00 41.70 points [+]
Part Time Employment 78.70 85.00 169.90 78.70 Thousand [+]
Employment Change -2.70 1.60 3.70 -4.10 percent [+]
Employment Rate 71.40 73.00 73.20 56.30 percent [+]
Full Time Employment 1214.10 1239.20 1334.10 1096.00 Thousand [+]


Lithuania Employment Rate
In Lithuania, the employment rate measures the number of people who have a job as a percentage of the working age population.