Analytics, Labour-market, Lithuania, Statistics
International Internet Magazine. Baltic States news & analytics
Friday, 19.04.2024, 17:25
The unemployment rate in Lithuania stood at 6%, in Q4 2018
- In IV quarter 2018, there were 87.4 thousand unemployed persons, which means that, against III quarter 2018, the number of the unemployed increased by 0.7 thousand. Over a quarter, the number of long-term unemployed persons decreased by 3.3 thousand and totalled 25.6 thousand. In IV quarter 2018, the number of unemployed persons aged 15–24 was 11.8 thousand.
- In IV quarter 2018, there were 1 million 376 thousand employed persons, their number, against III quarter 2018, decreased by 3.7 thousand.
- Over a quarter, the employment rate of persons aged 15–64 remained almost unchanged and stood at 72.9%. The male employment rate was by 1.4 percentage points higher than that of female (73.6% and 72.2% respectively). Over a quarter, the employment rate of persons aged 55–64 increased by 2.2 percentage point and, in IV quarter 2018, stood at 69.3%. In IV quarter 2018, the youth (persons aged 15–24) employment rate stood at 32 per cent; over a quarter, it decreased by 3.9 percentage point.
In 2018, the unemployment rate stood at 6.2%
- In 2018, the unemployment rate stood at 6.2% and was by 0.9 percentage points lower than in 2017. The male unemployment rate stood at 6.9%, female – 5.5%. Over a year, the male unemployment rate decreased by 1.6 percentage points, that of female – 0.2 percentage points. In 2018, the youth (persons aged 15–24) unemployment rate stood at 11.4% and, against 2017, it decreased by 1.9 percentage points. In 2018, the long-term unemployment rate stood at 2% and, against 2017, it decreased by 0.7 percentage points.
Fig. 1. Unemployment rate, 2012–2018
%
In 2018, there were 91 thousand unemployed persons aged 15–74, of whom, 12.6 thousand – aged 15–24. Over a year, the number of the unemployed decreased by 12.1 thousand, of whom aged 15–24 – by 2.4 thousand. The number of the long-term unemployed was 29.8 thousand, or 32.7% of the total number of the unemployed, which is by 8.9 thousand less than in 2017.
Table 1. The unemployed
Thousand
| 2017 | 2018 | 2018 | |||
I quarter | II quarter | III quarter | IV quarter | |||
Total | 103.1 | 91.0 | 103.9 | 86.0 | 86.7 | 87.4 |
males | 61.3 | 50.5 | 62.5 | 47.4 | 45.3 | 46.7 |
females | 41.8 | 40.5 | 41.4 | 38.5 | 41.4 | 40.7 |
Youth (persons aged 15–24) | 15.0 | 12.6 | 15.0 | 11.5 | 11.9 | 11.8 |
Table 2. The unemployed by duration of unemployment
Thousand
| 2017 | 2018 | 2018 | |||
I quarter | II quarter | III quarter | IV quarter | |||
Total | 103.1 | 91.0 | 103.9 | 86.0 | 886.7 | 87.4 |
Under one moth | 12.1 | 10.5 | 10.5 | 10.1 | 112.4 | 8.9 |
1–5 months | 34.9 | 32.8 | 36.9 | 28.3 | 229.8 | 36.1 |
6–11 months | 17.4 | 18.0 | 20.8 | 18.5 | 15.7 | 16.8 |
12 months and more (long-term unemployed) | 38.7 | 29.8 | 35.8 | 229.0 | 228.8 | 25.6 |