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| Content Provider | OECD iLibrary |
|---|---|
| Organization | OECD |
| Abstract | This chapter provides an overview of youth in the labour market in Lithuania and highlights some of the key challenges faced by policy makers in the country. Lithuanian youth were hit hard by the global economic and financial crisis, with the unemployment rate increasing sharply and peaking to over 35% in 2010. Despite signs of progress, the unemployment rate continues to be higher than it was at the beginning of the crisis. One key concern relates to the continued underrepresentation of the youth in the Lithuanian labour market, manifested by both low employment rates and high inactivity rates. Even when young Lithuanians are in employment, they are frequently in poor quality jobs. Indeed, they often hold low-paid jobs, they face a high risk of unemployment and have lower income protection in case of job loss. Furthermore, the job of a young worker in Lithuania typically offers few possibilities for career development. |
| Page Count | 22 |
| Starting Page | 33 |
| Ending Page | 54 |
| Language | English |
| Publisher | OECD Publishing |
| Publisher Date | 2016-02-24 |
| Access Restriction | Open |
| Subject Keyword | Education Employment Economics |
| Content Type | Text |
| Resource Type | Chapter |
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