Labor Force Participation Rate in Lithuania remained unchanged at 62.40 percent in the third quarter of 2020 from 62.40 percent in the second quarter of 2020. source: Statistics Lithuania

Labor Force Participation Rate in Lithuania averaged 58.39 percent from 1998 until 2020, reaching an all time high of 63 percent in the first quarter of 2020 and a record low of 54.70 percent in the fourth quarter of 2006. This page provides the latest reported value for - Lithuania Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lithuania Labor Force Participation Rate - values, historical data and charts - was last updated on May of 2021.

Labor Force Participation Rate in Lithuania is expected to be 61.43 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Lithuania to stand at 61.53 in 12 months time. In the long-term, the Lithuania Labor Force Participation Rate is projected to trend around 61.84 percent in 2022 and 62.10 percent in 2023, according to our econometric models.

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Lithuania Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
62.40 62.40 63.00 54.70 1998 - 2020 percent Quarterly

Lithuania Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.10 16.10 16.40 2.70 percent [+]
Employed Persons 1352.40 1342.30 1497.40 1221.90 Thousand [+]
Unemployed Persons 259.80 276.98 330.58 58.20 Thousand [+]
Labor Force Participation Rate 62.40 62.40 63.00 54.70 percent [+]
Long Term Unemployment Rate 2.60 2.40 10.80 0.80 percent [+]
Youth Unemployment Rate 15.60 17.50 36.20 7.60 percent [+]
Labour Costs 136.90 140.40 140.40 35.90 points [+]
Job Vacancies 15648.00 18396.00 26118.00 4157.00 [+]
Wages 1524.20 1454.80 1524.20 297.90 EUR/Month [+]
Wages in Manufacturing 1524.20 1454.80 1524.20 297.90 EUR/Month [+]
Minimum Wages 642.00 607.00 642.00 92.14 EUR/Month [+]
Population 2.79 2.79 3.71 2.76 Million [+]
Retirement Age Women 63.00 62.67 63.00 59.00 [+]
Retirement Age Men 64.00 63.83 64.00 62.50 [+]
Productivity 120.60 116.60 120.60 41.70 points [+]
Part Time Employment 79.20 75.40 169.90 75.40 Thousand [+]
Employment Change -1.90 -2.00 3.90 -3.40 percent [+]
Employment Rate 71.40 70.70 73.20 56.30 percent [+]
Full Time Employment 1214.00 1204.80 1334.10 1096.00 Thousand [+]


Lithuania Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.