International Internet Magazine. Baltic States news & analytics
Thursday, 27.08.2015, 22:20
Statistics Lithuania informs that in II quarter 2015 average gross monthly earnings in the whole economy (individual enterprises excluded) totalled EUR 713.9: in the public sector (1) – EUR 738.1, in the private sector – EUR 701.3. Average net monthly earnings in the whole economy amounted to EUR 553.8, and against I quarter 2015, grew by 1.9%.
Keyword tags: Analytics, Financial Services, Lithuania, Markets and Companies, Wages
There are slightly more than 300,000 old-age pensioners in Estonia, and one fifth of them work after reaching the pension age, writes LETA/National Broadcasting.
Statistics Lithuania informs that in 2014, according to the data of the Survey on Income and Living Conditions, the at-risk-of-poverty rate in Lithuania stood at 19.1%. Compared to 2013, it decreased by 1.5 percentage points. In 2014, about 560 thousand persons in the country were living below the at-risk-of-poverty threshold.
Raising the minimum wage so fast in 2015 in Latvia was a mistake, Welfare Minister Uldis Augulis (Greens/Farmers) said in an interview with the LNT show "900 sekundes", cites LETA.
Lithuanian Social Security and Labour Minister Algimanta Pabedinskiene says wages of the lowest earning social sector employees will grow in 2016. The Ministry of Social Security and Labour has proposed to the Government to maintain the same basic wage level of EUR 130.5, reports LETA/ELTA.
Congratulating Riga residents with city festival, the Central Statistical Bureau (CSB) has compiled characteristics of the city in numbers. At the beginning of 2015 the number of population in Riga comprised 641 007 or 32% of the total population of Latvia.
In the 2nd quarter of 2015 there were 898.2 thsd employed persons in Latvia or 60.9% of the population aged 15 – 74, according to the results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) of Latvia.