Lithuania Long Term Unemployment Rate  Forecast


Long Term Unemployment Rate in Lithuania is expected to be 2.91 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Lithuania to stand at 2.92 in 12 months time. In the long-term, the Lithuania Long Term Unemployment Rate is projected to trend around 2.92 percent in 2020, according to our econometric models.


Lithuania Long Term Unemployment Rate
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Lithuania Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 7.5 7.3 8.6 8.2 7.3 7.2
Employed Persons 1363 1357 1351 1343 1347 1347
Unemployed Persons 133 135 137 136 136 136
Labor Force Participation Rate 60.3 60.88 60.87 60.9 61.07 61.92
Long Term Unemployment Rate 2.9 2.91 2.9 2.91 2.92 2.92
Youth Unemployment Rate 14.2 15.31 14.26 14.94 15.06 15.39
Labour Costs 135 137 140 141 143 146
Job Vacancies 19761 20209 18914 22612 20922 22030
Wages 839 852 875 873 889 965
Wages in Manufacturing 839 852 875 873 889 965
Minimum Wages 380 383 370 386 386 400
Population 2.85 2.85 2.85 2.81 2.81 2.75
Retirement Age Women 62.2 62.13 62.13 62.27 62.32 62.39
Retirement Age Men 63.6 63.58 63.58 63.65 63.67 63.71
Employment Change 0.5 0.14 -0.06 -0.11 -0.12 -0.01
Employment Rate 69 70.14 69.78 69.31 69.72 69.88
Full Time Employment 1185 1217 1206 1182 1189 1196
Productivity 116 126 120 110 118 123
Part Time Employment 110 97.55 98.42 103 103 101