International Internet Magazine. Baltic States news & analytics
Saturday, 13.02.2016, 23:21
Statistics Lithuania informs that, according to the Labour Force Survey data, in 2015, the unemployment rate stood at 9.1%, which is by 1.6 percentage points less than in 2014. In 2015, the male unemployment rate stood at 10.1, the female one – at 8.2%. Over the year, the male unemployment rate decreased by 2.1 percentage points, the female one – by 1 percentage point.
Keyword tags: Analytics, Education and Science, Employment, Labour-market, Lithuania, Markets and Companies
The latest data compiled by the Central Statistical Bureau of Latvia (CSB) show that in the 4th quarter 2015 as compared to the corresponding period of 2014 construction production volume according to calendar adjusted data at constant prices decreased by 6.2%. Construction production volume at constant prices accounted for EUR 500.5 mln.
According to Statistics Estonia, the unemployment rate was 6.2%, the employment rate was 65.2% and the labour force participation rate was 69.4% in 2015. The unemployment level was significantly lower and the employment rate and labour force participation rate higher than in 2014.
Latvia's gross domestic product in the fourth quarter of 2015 remained unchanged as compared to the third quarter, according to the latest Eurostat data. Estonia recorded the steepest GDP growth, reports LETA.
Residents of Lithuania are becoming increasingly alarmed over the security threats of illegal migration, shows a poll published on Friday, informs LETA/BNS.
Statistics Lithuania informs that in January 2016, compared to December 2015, prices for the total industrial production sold decreased by 1.6, refined petroleum products excluded – increased by 0.6%.
The registered unemployment level in Latvia increased by 0.4 percentage points in January this year to 9.1% of the economically active population of Latvia, informs LETA, according to the State Employment Agency.
It is in the vital interest of Estonia that the European Union was strong and united, Estonian Foreign Minister Marina Kaljurand said in her foreign policy speech in parliament on February 11th, reports LETA/BNS.
Saeima in Latvia today confirmed the government of Maris Kucinskis (Greens/Farmers), made up of the previous three coalition parties – the Union of Greens and Farmers, Unity, and National Alliance (All For Latvia-For Fatherland And Freedom/LNNK), informs LETA.
According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 0.7% in the 4th quarter of 2015 compared to the 4th quarter of 2014.
Small and medium-sized enterprises that are largely young, innovative, internationally-active and run by skilled managers are driving significant job growth across the European Union. EU agency, Eurofound highlights that SMEs were responsible for over 70% of employment growth in the non-financial business economy in 2014. Besides, there is an urgent need for further SMEs support if a rigorous recovery would be realised.
Success of any country’s foreign policy is often measured by the stance of relationship with neighbors: Lithuania shares borders with Latvia, Belarus, Poland, and Russia's Kaliningrad Region. Significance of the Lithuanian-Belarus relationship goes beyond ordinary neighborhood: common history and modern geopolitical situation provide for creating good relations.
The parties making up the new government have signed the government declaration and coalition partner agreement this morning, reports LETA.
According to the latest data of the Central Statistical Bureau of Latvia (CSB) the average level of consumer prices decreased by 0.3% in January 2016 (1) as compared to January 2015. Prices of goods decreased by 1.2%, while prices of services increased by 2.1%.
According to Statistics Estonia, in 2015, more than 3 million domestic and foreign tourists stayed in accommodation establishments, which is 1% more than in 2014. The number of domestic tourists increased and the number of foreign tourists decreased.