International Internet Magazine. Baltic States news & analytics
Tuesday, 25.04.2017, 11:42
There is a pronounced shortage of labor in several industries at the moment in Latvia, as the State Education Development Agency Director Dita Traidas told Latvian Television this morning, writes LETA.
Keyword tags: Education and Science, Labour-market, Latvia
The rate of Latvia’s registered unemployment has been declining slowly but steadily and is now lower than a year ago, Evita Simsone, director of the State Employment Agency, said in an interview with LNT commercial TV channel writes LETA.
Unemployment rate in Latvia reduced 0.1 percentage points (ppt) to 8.3% in March, according to the State Employment Agency's data reports LETA.
Hourly labor costs in Lithuania last year were among the lowest in the European Union, figures from the EU statistical office Eurostat showed on Thursday.
Germany's automated solu tions company Festo is expanding its service center in Lithuania's second-largest city Kaunas, planning to hire another 300 employees within the next three years to double the current employment numbers, informed the foreign investment promotion agency Invest Lithuania.
Western Union, a global leader in money transfer services, intends to move part of the jobs to Vilnius from Peterborough, a city in the United Kingdom with a large population of Lithuanian emigrants, informs LETA/BNS.
The regional shared service center the global industrial group ABB opened in Tallinn's tech hub Ulemiste City last October will take on up to 100 new staff in 2017, reports LETA/BNS.