Changes in the unemployment rate in III quarter 2009

Published: 21 December 2009 y., Monday

Statistika
Statistics Lithuania informs that, according to the Labour Force Survey data, the number of the unemployed in III quarter 2009 made 228.1 thousand, which is by just 5 thousand more than in II quarter 2009, and the growth in the unemployment rate slowed down. In III quarter 2009, the unemployment rate stood at 13.8 per cent, which is by 0.2 percentage points more than in II quarter 2009. Over a year (III quarter 2009, against III quarter 2008), the unemployment rate grew 2.3 times. 

A rapid growth has been observed in the youth (aged 15–24) unemployment rate. In III quarter 2009, 53 thousand young people, or each tenth young person, were unemployed (a year ago, 26 thousand, i.e. twice less). 

The youth unemployment rate in III quarter 2009 reached 33.3 per cent. Over a quarter, the youth unemployment rate grew by 3.7 percentage points, a year ago – 2.2 times. The lowest youth unemployment rate (6.9 per cent) was recorded in II quarter 2007. 

Although the number of young unemployed persons a year ago, as compared with III quarter 2009, was twice as low (26 thousand), the number of young unemployed persons with higher education remained almost unchanged (7.4 and 7.8 thousand respectively). In I quarter 2009, the number of such unemployed made 2.8 thousand. In III quarter 2009, each fifth young person with higher, each seventh young person with secondary and each nineteenth young person with basic education was unemployed. 

The male unemployment rate has been growing faster than the female one. The male unemployment rate grew from 6 per cent in III quarter 2008 to 17.3 per cent in III quarter 2009 (2.9 times), while the female one – from 5.9 to 10.3 per cent (1.7 times). In II quarter 2009, the male unemployment rate stood at 16.7, the female one – at 10.4 per cent. A higher male unemployment rate was conditioned by a rapid decrease in the amount of work in industrial and construction enterprises and a subsequent decrease in the number of people working in such enterprises. 

In III quarter 2009, there were 1 million 424 thousand persons aged 15 and over working in the country; as compared with II quarter 2009, this figure remained almost unchanged (grew by 1.9 thousand, or 0.1 per cent), while over a year it dropped by 113.4 thousand, or 7.4 per cent. 

Over III quarter 2009, the number of persons working in agriculture, forestry and fishing grew by 7.1 thousand, trade – by 9 thousand, professional, scientific and technical activities – by 6.7 thousand. The number of persons working in other economic activities remained almost unchanged. 

The most marked decrease over a year was observed in the number of persons working in construction – from 167 to 117 thousand (by 30 per cent), accommodation and food service activities – from 43 to 36 thousand (16 per cent), manufacturing – from 262 to 223 thousand (15 per cent). 

In III quarter 2009, an increase was observed in the number of employees working not under an employment contract (fixed- or non-term), but under a verbal agreement. According to the estimates of Statistics Lithuania, in III quarter 2009, the number of such workers made 27 thousand, which is by 11 thousand more than in II quarter 2009. The largest share of such workers was recorded in manufacturing and agriculture (8 thousand in each), as well as in construction, trade and other sectors. 

In III quarter 2009, the employment rate stood at 60.4 per cent; over a quarter, it grew by 0.1 percentage points, while a year ago it was higher by 4.6 percentage points. In III quarter 2009, the male employment rate stood at 59.6, the female one – at 61.2 per cent. Over a year, the male employment rate dropped by 7.9, the female one – by 1.5 percentage points. 

Šaltinis: www.stat.gov.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Financial sector: preventing the next crisis

New legislation for pan-European supervision of credit rating agencies and a public debate on how financial institutions are managed. more »

Russia's accession to WTO and China's role in world economy were discussed in Vilnius

On 2 June in Vilnius, Lithuania‘s Vice-Minister of Foreign Affairs Asta Skaisgirytė Liauškienė and Deputy Director General of the World Trade Organization Rufus H. Yerxa discussed the main issues on the international trade policy agenda, Russia‘s WTO accession and the changing role of China in the world economy. more »

Globalisation fund: Budgets Committee backs aid to Spain and Ireland

2157 former construction workers in Spain and 598 ex-employees at the Irish crystal glass company Waterford Crystal with suppliers could get €11 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Wednesday. more »

Commission rewards Europe's best green businesses

Companies from the UK, Belgium, Germany and Spain have won the 2010 European Business Awards for the Environment. more »

Fisheries reform: firm backing for research but differing views on quotas

The planned overhaul of EU fisheries policy should devolve more powers to regions, protect small coastal fleets and boost aquaculture, said MEPs and members of national parliaments on Tuesday. more »

First JESSICA fund loan agreement signed with Lithuania’s Šiaulių bankas

The first in a series of loan agreements for energy efficiency investments in multi-apartment buildings was signed today between the European Investment Bank (EIB), as manager of the JESSICA holding fund in Lithuania, and Šiaulių bankas. more »

Estonia's euro

Despite the current economic crisis and tensions in the euro, Estonia is set to adopt the single currency in January. more »

'Polluter pays' principle for banks

Commission proposes a bank tax to cover the costs of winding down banks that go bust. more »

Strong EIB support for new energy investments in Greece

The European Investment Bank will provide a total of EUR 400 million to Hellenic Petroleum SA in order to increase the production of cleaner fuels via the upgrading of the Elefsina refinery. more »

The promotion of the electric vehicle in Europe, under examination

European ministers meet on Tuesday and Wednesday in Brussels at the final Competitiveness Council to be held during the six months of the Spanish Presidency, which has an agenda laden with important issues such as the electric vehicle, the European patent system and national R+D investment goals. more »