Unemployment Rate in Lithuania increased to 16.10 percent in December from 15.50 percent in November of 2020. source: Lithuanian Labour Exchange

Unemployment Rate in Lithuania averaged 8.62 percent from 1995 until 2020, reaching an all time high of 16.10 percent in December of 2020 and a record low of 2.70 percent in June of 2007. This page provides the latest reported value for - Lithuania Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lithuania Unemployment Rate - values, historical data and charts - was last updated on January of 2021.

Unemployment Rate in Lithuania is expected to be 16.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Lithuania to stand at 15.20 in 12 months time. In the long-term, the Lithuania Unemployment Rate is projected to trend around 12.00 percent in 2022, according to our econometric models.

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Lithuania Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
16.10 15.50 16.10 2.70 1995 - 2020 percent Monthly
NSA

Lithuania Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.10 15.50 16.10 2.70 percent [+]
Employed Persons 1342.30 1351.50 1497.40 1221.90 Thousand [+]
Unemployed Persons 277.12 266.60 330.58 58.20 Thousand [+]
Labor Force Participation Rate 62.40 62.40 63.00 54.70 percent [+]
Long Term Unemployment Rate 2.60 2.40 10.80 0.80 percent [+]
Youth Unemployment Rate 28.40 27.10 36.20 7.60 percent [+]
Labour Costs 140.40 138.00 140.40 35.90 points [+]
Job Vacancies 18396.00 17298.00 26118.00 4157.00 [+]
Wages 1454.80 1381.00 1454.80 297.90 EUR/Month [+]
Wages in Manufacturing 1454.80 1381.00 1454.80 297.90 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 116.60 116.00 116.60 41.70 points [+]
Part Time Employment 75.40 78.70 169.90 75.40 Thousand [+]
Employment Change -2.70 1.60 3.70 -4.10 percent [+]
Employment Rate 70.70 71.40 73.20 56.30 percent [+]
Full Time Employment 1204.80 1214.10 1334.10 1096.00 Thousand [+]


Lithuania Unemployment Rate
In Lithuania, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.