Unemployment Rate in Lithuania increased to 12.80 percent in July from 12.10 percent in June of 2020.

Unemployment Rate in Lithuania averaged 8.52 percent from 1995 until 2020, reaching an all time high of 15.30 percent in July of 2010 and a record low of 2.70 percent in June of 2007. This page provides the latest reported value for - Lithuania Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lithuania Unemployment Rate - values, historical data and charts - was last updated on August of 2020.

Unemployment Rate in Lithuania is expected to be 11.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Lithuania to stand at 11.00 in 12 months time. In the long-term, the Lithuania Unemployment Rate is projected to trend around 9.80 percent in 2021 and 8.40 percent in 2022, according to our econometric models.

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Lithuania Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.80 12.10 15.30 2.70 1995 - 2020 percent Monthly
NSA

Lithuania Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.80 12.10 15.30 2.70 percent [+]
Employed Persons 1351.50 1386.40 1497.40 1221.90 Thousand [+]
Unemployed Persons 220.95 208.07 330.58 58.20 Thousand [+]
Labor Force Participation Rate 62.20 62.00 62.60 54.70 percent [+]
Long Term Unemployment Rate 2.10 1.90 10.80 0.80 percent [+]
Youth Unemployment Rate 18.90 18.50 36.20 7.60 percent [+]
Labour Costs 132.00 128.10 134.00 35.90 points [+]
Job Vacancies 15011.00 17271.00 26118.00 4157.00 [+]
Wages 1381.00 1358.60 1381.00 297.90 EUR/Month [+]
Wages in Manufacturing 1381.00 1358.60 1381.00 297.90 EUR/Month [+]
Minimum Wages 555.00 555.00 555.00 92.14 EUR/Month [+]
Population 2.79 2.81 3.71 2.76 Million [+]
Retirement Age Women 62.33 62.00 62.33 59.00 [+]
Retirement Age Men 63.67 63.50 63.67 62.50 [+]
Productivity 114.90 113.20 114.90 41.70 points [+]
Part Time Employment 79.50 81.10 169.90 79.50 Thousand [+]
Employment Change 1.60 1.10 3.70 -4.10 percent [+]
Employment Rate 73.00 73.20 73.20 56.30 percent [+]
Full Time Employment 1246.80 1246.50 1334.10 1096.00 Thousand [+]


Lithuania Unemployment Rate
In Lithuania, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.