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CORPORATE

Lithuania’s unemployment rate falls again in April

Lithuania’s unemployment rate dropped from to 8.2% in April as unemployment across the European Union fell slightly from 8.8% to 8.7%, according to Eurostat data. This is a slight decrease on the 8.4% unemployment rate […]

De-industrialisation was the most painful for older workers. The employment service has directed these men to do community service at the local water supplier (photo by Dalia Mikonytė)
Society

Creativity and boredom in a Lithuanian town coping with globalisation

Having joined the eurozone this year and successfully advertised its natural and urban wonders, Lithuania has become a new darling of international travel ‘listicles’. Its brushed-up capital, ambitious start-ups and emerging foodie hotspots make many visitors wonder if this is really one of the poorest countries in the European Union. Much of the country’s hardships, however, have been cushioned by de-industrialised peripheral towns – like Alytus. Having lost most of its industries, the town is looking for new, global inspiration. […]

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Economy

Lithuania’s unemployment at 9.4 percent in December

Lithuania’s seasonally adjusted unemployment level stood at 9.4 percent in December 2014, Eurostat, the statistical office of the European Union, said. […]

Economy

Youth unemployment declining in Lithuania

Since the beginning of this year, youth unemployment in Lithuania has gradually declined. On 1 January, it stood at 6.2 percent, while on 1 July it went down to to 3.5 percent. […]