Labour market

In March 2015, Lithuania's seasonally adjusted unemployment level stood at 9.5 percent with 139 000 seekers in the country, Eurostat, the statistical office of the European Union, said.

With the rapid progress of science and technology, and the increasing demands of top employers for specialists with knowledge in a range of fields, traditional degree programs are being expanded and diversified. It is with this in mind that Kaunas University of Technology (KTU) and the Lithuanian Un...

There were better employment opportunities in March, as a 28.4 percent increase of job offers was recorded in Lithuania. The demand for fixed-term contracts grew particularly. More job proposals were registered for operators of mobile agricultural and forestry machinery, nursing specialists, painter...

Lithuanian Prime Minister Algirdas Butkevičius says that much-discussed draft amendments to the country's Labour Code will be good both for employees and employers and will make the labour market much more flexible.

President Dalia Grybauskaitė approves of the proposal to raise minimum wage, noting that Lithuania has the lowest minimum monthly salary in the Baltic states.

The pay gap between men and women in Lithuania was one of the lowest among 28 EU Member States in 2013, data from Eurostat shows.

The Presidium of the Lithuanian Confederation of Industrialists (LPK) has confirmed on Tuesday that industrialists welcome the government's plans to increase the minimum monthly wage once again in July.

Experts working on amendments to the Labour Code will examine a proposal to liberalize the existing dismissal procedure.

Lithuania's seasonally adjusted unemployment level stood at 9.4 percent in December 2014, Eurostat, the statistical office of the European Union, said.

The euro which will shortly replace the litas will have a positive effect on the IT services market of Lithuania, however, it will hardly bring any significant changes. Antanas Ursulis, general manager of CSC Baltic which provides IT services, says that the euro will not bring any dramatic changes t...

Average hourly labour costs in Latvia increased 5.4% in the third quarter of 2014, compared to the respective period in 2013 – the third steepest increase across the European Union, according to the latest data from the EU's statistical office Eurostat, cites LETA.

Swedbank analysts say that Lithuania's labour market continues improving, even though rapid wage growth does pose some challenges. Looking ahead, slower employment growth and strong wage growth are expected.

As individual economy sectors of Lithuania have started feeling shortages of labour, Prime Minister Algirdas Butkevičius says he is in favour of holding discussions on targeted labour immigration.

Lithuanian employers have quite different expectations from students and graduates when hiring and getting hired, shows a poll published on Wednesday.

For the third year in a row, the winners of Best Employers in Lithuania were announced. In 2014, the Best Employers awards went to the digital advertising software company Adform, Cramo, a service company specialising in equipment rental services, and the insurance company Lietuvos Draudimas.

Pay gap between men and women in Lithuania was 12.5 percent in 2013. It increased 0.5 percentage points compared to the year before.

Parliament Speaker Loreta Graužinienė reckons that next July the minimum monthly salary could rise by LTL 100 (EUR 29). The head of Parliament is also open to discussions over the increase of non-taxable minimum income.

The IMF mission chief for Lithuania sees no room for further increases in minimum monthly wages, saying that the ratio of minimum wages to average wages is rather high already, the business daily Verslo Žinios reports.

Member of Parliament, chairman of the Order and Justice Party parliamentary group Petras Gražulis has proposed a law that the minimum monthly salary could not be lower than half of the average salary in Lithuania.

Every year, over 1,000 students finish information technology (IT) studies in Lithuania; however, according to employers, it is not enough to meet the current demand of IT specialists in the country.