Analytics, Labour-market, Lithuania, Statistics

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 16:53

The unemployment rate in Lithuania stood at 8% in Q1 2017

Violeta Skamaročienė Deputy Head, Living Standards and Employment Statistics Division , 17.05.2017.Print version
Statistics Lithuania informs that, according to the Labour Force Survey data, in I quarter 2017, the unemployment rate stood at 8%, and against the respective period 2016, decreased by 0.3 percentage points(ppt), against IV quarter 2016, increased by 0.4 ppt. In I quarter 2017, the male unemployment rate stood at 10.1%, female – 6.1%.

In I quarter 2017, the youth (persons aged 15–24) unemployment rate stood at 14.8%, and against the respective period of 2016, increased by 0.3ppt, against IV quarter 2016, by 0.2 ppt.


Over a quarter, the long-term unemployment rate remained almost unchanged; in I quarter 2017, it stood at 2.9%, and against the respective period of 2016,  it decreased by 0.4 ppt.


Fig. 1. Unemployment rate, 2016–2017, by quarters


In I quarter 2017, there were 117.7 ths unemployed persons, of whom 17.1 ths unemployed persons aged 15–24.  Against the respective period of 2016, the number of unemployed persons aged 15–74 decreased by 4.9 ths; against IV quarter 2016, increased by 5.7 ths.

 

Table 1. The unemployed
Thousand

 

I quarter 2017

2016 

Increase, decrease (–),
I quarter 2017, against 2016

I quarter

IV quarter

I quarter

IV quarter

thousand

%

thousand

%

Total

117.7

122.5

112.0

–4.9

–4.0

5.7

5.1

males

73.0

69.6

63.9

3.4

4.9

9.1

14.3

females

44.7

52.9

48.1

–8.3

–15.6

–3.5

–7.2

Youth (persons aged 15–24)

17.1

17.6

17.7

–0.5

–3.0

–0.6

–3.4



The number of the long-term unemployed was 42.4 ths, or 36 % of the total number of the unemployed. In I quarter 2017, the number of the long-term unemployed was by 6 ths less than in the respective period of 2016 and by 1 ths more than in IV quarter 2016.


Fig. 2. The unemployed by duration of unemployment, 2016–2017, by quarters




The employment rate of persons aged 15–64 stood at 69% in Q1 2017


In I quarter 2017, the employment rate of persons aged 15–64 stood at 69%; over a year, it increased by 0.7 ppt, and over a quarter, it decreased by 0.7 ppt. The difference between the male and female employment rates of the said age group decreased to 0.1 percentage point (male – 69.1, female – 69%).


In I quarter 2017, the youth (persons aged 15–24) employment rate stood at 29.3 %; against the respective period of 2016, it increased by 0.3 ppt, and against IV quarter 2016, it decreased by 1.3 ppt.


Over a year, the employment rate of persons aged 55–64 increased by 2.1 ppt; over a quarter, it decreased by 0.2 ppt. In I quarter 2017, it stood at 65.3%.


Table 2. Employment rate
Per cent

 

I quarter 2017

2016 

Increase, decrease (–), percentage points, I quarter 2017, against 2016

I quarter

IV quarter

I quarter

IV quarter

Aged 15–64

69.0

68.3

69.7

0.7

–0.7

males

69.1

68.6

70.2

0.5

–1.1

females

69.0

68.0

69.2

1.0

–0.2

Aged 15–24

29.3

29.0

30.6

0.3

–1.3

Aged 20–64

74.7

74.2

75.4

0.5

–0.7

Aged 55–64

65.3

63.2

65.5

2.1

–0.2



In I quarter 2017, the number of persons classified under the labour force totalled 1 mln 463 ths; against the respective period of 2016, it decreased by 10.3 ths, against IV quarter 2016 – by 7.4 ths.


In I quarter 2017, there were 1 mln 345 ths employed persons. Against the respective period of 2016, their number decreased by 5.5 ths, against the previous quarter – by 13.1 ths.


In I quarter 2017, there were 98.1 ths employed persons aged 15–24. Over a year, their number decreased by 5.3 ths, over a quarter – by 5.6 ths.


Table 3. Economic activity of persons aged 15 and older
Thousand

 

I quarter 2017

2016 

Increase, decrease (–)
I quarter 2017, against 2016  

I quarter

IV quarter

I quarter

IV quarter

thousand

%

thousand

%

Labour force

1 463.0

1 473.3

1 470.4

–10.3

–0.7

–7.4

–0.5

Employed persons

1 345.3

1 350.8

1 358.4

–5.5

–0.4

–13.1

–1.0

males

652.0

652.7

661.1

–0.8

–0.1

–9.1

–1.4

females

693.3

698.0

697.3

–4.7

–0.7

–4.0

–0.6

Unemployed

117.7

122.5

112.0

–4.9

–4.0

5.7

5.1

Economically inactive persons

962.2

989.5

965.7

–27.3

–2.8

–3.5

–0.4

 

In I quarter 2017, there were 962.2 ths economically inactive persons aged 15 and older; more than half (56.5%) of them were old-age pensioners and persons entitled to anticipatory old-age pension.


In I quarter 2017, there were 219.2 ths (65.6 %) economically inactive persons aged 15–24; 91. % of them were studying at general, vocational schools, schools of higher education (colleges, universities).

 

 






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