The Baltic Course

Baltic States: Opinion Direct speech

Better alignment of growth in wages and productivity is threatened by labour shortages in Estonia

Better alignment of growth in wages and productivity is threatened by labour shortages in Estonia

28.04.2017.

The alignment of growth in labour productivity and in wages improved in the second half of 2016 as growth accelerated in productivity and slowed a little in wages. Whether companies can improve their profitability as foreign demand recovers will depend on whether labour productivity grows further. People changed jobs more last year than they did the year before. Simultaneous increases in the number of vacancies and in unemployment indicate however that there is a worse match between labour and jobs.

Keyword tags: Analytics, Banks, Economics, Estonia, Financial Services, Labour-market, Wages


Round Table Round Table

Modern city: sustainability vs. “mega-projects” in Latvian development

Modern city: sustainability vs. “mega-projects” in Latvian development

06.03.2017.

Managing urban areas has been always one of the most important development challenges for city planners. During last decades, cities have been developed in a strictly “human & sustainable” way: everything for city’s dwellers! However, nowadays it’s easy to evaluate the “optimal city” –its development has to be in line with the sustainability concept adopted by the UN and in effect from January 2016.

Keyword tags: EU – Baltic States, Investments, Latvia, Real Estate, Round Table


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