Labour-market

International Internet Magazine. Baltic States news & analytics Wednesday, 10.02.2016, 06:40

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Growth of Estonian startups impaired by shortage of skilled labor, capital

Growth of Estonian startups impaired by shortage of skilled labor, capital

08.02.2016

Estonian startups' satisfaction with national government is almost three times higher than the global average, but a growing shortage of talent and capital are seen as the biggest drawbacks, it appears from an international startup ecosystem study, informs LETA/BNS.

Keyword tags: Estonia, EU – Baltic States, Investments, Labour-market, Technology



Lithuania’s jobless rate climbs to 9.4% in early February

Lithuania’s jobless rate climbs to 9.4% in early February

05.02.2016

Lithuania’s unemployment rate stood at 9.4% in early February 2016, up by 0.4 percentage points compared with a month ago, but down by 0.2 points year-on-year, data from the country's Labor Exchange showed on Friday, cites LETA/BNS.

Unemployment in euro area down to 10.4% in December

Unemployment in euro area down to 10.4% in December

02.02.2016

Seasonally-adjusted unemployment rate in the euro area reduced to 10.4% in December 2015 from 10.5% in November, informs LETA/BNS, according to the latest report by the European Union's statistical office Eurostat.


Lithuania's bankrupt shipper LJL to lay off all employees, to hire some back

Lithuania's bankrupt shipper LJL to lay off all employees, to hire some back

06.01.2016

Lithuania's state-controlled shipping company Lietuvos Juru Laivininkyste (Lithuanian Shipping Company, or LJL), which is undergoing bankruptcy procedures, has handed out layoff notices to all of its almost 200 employees, but will rehire a part of them.

Some deceleration of growth observed in Lithuania’s labor market in 2015

Some deceleration of growth observed in Lithuania’s labor market in 2015

21.12.2015

The number of employers in Lithuania increased by 2,109 over the year and the number of jobs occupied rose by 17,870, experts of Creditreform Lietuva, the Lithuanian credit risk assessment company, have calculated based on the data from the state social insurance fund (Sodra), reports LETA/BNS.

18.12.2015

Latvia registers the highest rise of labor costs in EU in Q3

The average hourly labor costs in Latvia in the third quarter of the year 2015 compared to the respective quarter of last year rose by 7.4%, which is the steepest rise among the European Union countries, reveals the data published by the Eurostat, the Statistical Office of the European Communities, cites LETA/BNS.

12.12.2015

Registered unemployment level in Latvia rises to 8.4% in November

The registered unemployment level in Latvia has increased by 0.1% and reached 8.4% of the economically active population of Latvia at the end of November 2015, reports LETA, according to the State Employment Agency.

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