The number of job vacancies in Latvia was 23,900 in the second quarter of 2024, which was 1,400 (5.6%) fewer than in the same period of 2023, according to data from the Central Statistical Bureau (CSP), LETA reports. The number of vacancies amounted to 12,800 in the private sector (down 10.7%) and to 11,100 in…
The Estonian government has agreed to provide EUR 160mn of state support for large-scale export-oriented investments in Estonia over 2025-2028, ERR reports. Economy and Industry Minister Erkki Keldo said that the support mechanism was aimed at regaining Estonia’s competitiveness in attracting investors to knowledge-intensive sectors of the economy. The scheme will be managed by the…
The number of job vacancies in the Baltic States rose in Lithuania but fell in Latvia and Estonia in the second quarter of 2024, according to Latvia’s Central Statistical Bureau (CSP), LSM reports. Compared to a year earlier, the number of vacancies increased by 3.3% in Lithuania, but declined by 5.6% in Latvia and 10.6% in…
Doctors now enjoy the highest salaries in Estonia, surpassing IT experts, according to data from recruitment portal CV Keskus, BNS reported. Salaries offered to doctors now stand at an average of EUR 3,650-4,150 per month, followed by sales managers with EUR 1,900-4,000 and IT specialists with EUR 2,900-3,750. Meanwhile, average salary offers for sales specialists…
The number of job vacancies listed in Estonia totalled 9,908 in the second quarter of 2024, which was 11% less than a year earlier, according to data from Statistics Estonia, ERR reports. The total number of vacant and occupied jobs amounted to just over 609,000, with vacancies accounting for 1.6% of all employment positions. The…
The average monthly wage in the Baltic States rose the fastest in Lithuania in 2023, according to research agency Figure Baltic Advisory’s study, LETA reports. The average wage rose by 8.8% in Lithuania, 8.2% in Latvia, and 7.3% in Estonia over a year. The agency projects that the monthly basic salary will rise by 6.3%…
Estonia’s unemployment rate stood at 7.6% in the second quarter of 2024, according to data from Statistics Estonia, Estonian World reports. The number of unemployed declined by 1,100 people over a quarter. Compared to the second quarter of 2023, the number of unemployed increased by 7,600, however. The employment rate stood at 69.7%, and the…
Ukrainians without temporary protection can now only work in Lithuania if they have a valid residence permit, BNS reports. Previously, Ukrainian nationals with visas were exempt from having to obtain a work permit in Lithuania. The exemption will continue to apply to highly qualified workers. Ukrainian refugees can start working immediately after submitting an application…
The growth of household income in Lithuania will exceed inflation by 3-4 times in 2024, Social Security and Labour Minister Monika Navickiene forecasts, BNS reports. The Social Security and Labour Ministry expects that household income will rise by an average 12% on year in 2024, while the Finance Ministry expects Lithuania’s average annual inflation to…
