International Internet Magazine. Baltic States news & analytics
Wednesday, 01.07.2015, 02:57
The euro area seasonally-adjusted unemployment rate was 11.1% in May 2015, stable compared with April 2015, and down from 11.6% in May 2014. This is the lowest rate recorded in the euro area since March 2012, said Eurostat, the statistical office of the European Union, cites LETA/ELTA.
Keyword tags: Analytics, Employment, EU – Baltic States, Labour-market
At the end of May 2015, the unemployment rate in Latvia fell to 8.6%, which is 0.2 percentage points fewer than one month ago, reports LETA, according to information by the State Employment Agency.
In May 2015, registered unemployment decreased moderately in Lithuania and in the last three months more than 30,000 vacancies were registered every month. In May 2015, employers submitted 31,400 job proposals, informs LETA/ELTA.
The Tripartite Council in Lithuania convened on Tuesday, 26 May. Representatives of trade unions, employers and the Government continued to discuss the new Labour Code – one of the fundamental parts of the new social model drafted by scientists, informs LETA/ELTA.
There are about 250 job vacancies in Liepaja at the moment in the industrial sector, thus those persons being laid off by KVV Liepajas metalurgs have options and the situation is not as hopeless as it seems, Liepaja Mayor Uldis Sesks told ''Rietumu radio'' today, cites LETA.
Statistics Lithuania informs that, according to the Labour Force Survey data, in I quarter 2015, the unemployment rate stood at 10%. In I quarter 2015, against IV quarter 2014, the unemployment rate decreased by 0.1 percentage points, against I quarter 2014 – by 2.4 percentage points.
According to Statistics Estonia, the unemployment rate was 6.6% and the employment rate was 63.3% in the 1st quarter of 2015. Compared to the first quarters of the previous years, the labour force participation rate was at the highest level of the last 15 years.