Lithuania Youth Unemployment Rate - Forecast

Youth Unemployment Rate in Lithuania is expected to be 12.62 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Lithuania to stand at 12.51 in 12 months time. In the long-term, the Lithuania Youth Unemployment Rate is projected to trend around 12.55 percent in 2020, according to our econometric models.


Lithuania Youth Unemployment Rate
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Lithuania Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 8.3 7.1 8.2 8.6 8.6 7.2
Employed Persons 1347 1358 1352 1349 1355 1353
Unemployed Persons 143 151 152 151 151 151
Labor Force Participation Rate 60.8 60.99 61.02 61.13 61.24 61.82
Long Term Unemployment Rate 2.5 2.34 2.34 2.32 2.3 2.26
Youth Unemployment Rate 12.2 12.62 12.37 12.56 12.51 12.55
Labour Costs 144 150 152 154 156 163
Job Vacancies 20110 19202 18138 18975 17613 17536
Wages 895 910 930 940 978 1050
Wages in Manufacturing 895 910 915 960 978 990
Minimum Wages 400 400 400 430 411 450
Population 2.81 2.81 2.81 2.79 2.77 2.75
Retirement Age Women 62.33 62.33 62.33 62.67 63 63
Retirement Age Men 63.67 63.67 63.67 63.83 64 64
Productivity 115 133 127 119 125 131
Part Time Employment 96.2 92.69 92.73 94.57 94.85 94
Full Time Employment 1200 1223 1217 1206 1212 1217
Employment Change 0 0.02 -0.18 -0.09 -0.07 -0.08
Employment Rate 70.6 71.79 71.62 71.38 71.86 72.3