LOGO
LOGO

European Economic News

Lithuania's Jobless Rate Rises Modestly In Q1

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Lithuania's unemployment rate increased modestly in the first quarter, data released by the Department of Statistics showed Friday.

The unemployment rate edged up to 13.1 percent in the first quarter from 13 percent in the fourth quarter. The latest figure was, however, notably lower than 7.3 percent recorded in the first quarter of 2012.

Long-term unemployment, which refers to persons unemployed for one year or more, was 5.9 percent during the quarter, a tad lower than the previous quarter's figure of 6 percent. The unemployment rate among youth, aged between 15 and 24, was 22.7 percent, down from 25.4 percent seen in the final three months of last year.

The number of jobless persons in the country increased modestly by 0.6 percent sequentially to around 191,200 during the three months ended March.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.