CEO of CVbankas.lt: more and more residents believe that the unemployment rate will decrease in the near future

“Unemployment rate in Lithuania already from 2023 December. has grown a bit”, said T. Toleikis during the presentation of the labor market overview on Friday.

“According to the data of the population survey, forecasts are becoming more and more optimistic regarding the unemployment rate. Fewer and fewer residents believe that the unemployment rate will increase,” he explained.

He reminded that unemployment reached 9% in January of this year, and 8.3% in February.

The head of CVbankas.lt mentions that the Bank of Lithuania, the Ministry of Finance and major financial companies do not change their forecasts and predicts that in 2024 the unemployment rate will be between 6.5 percent. and 7.2 percent

“I would say that the overall projected unemployment rate remains about the same as before.” And for the coming years, it will decrease moderately – both in 2025 and 2026,” he explained.

According to the Employment Service, on April 1 according to data, 1.45 million people worked in Lithuania. persons – 1.5 thousand. or 0.1 percent more than March 1

At that time, 166 thousand were registered in the country. unemployed – 0.2 percent. or 0.3 thousand persons more than a month ago. Registered unemployment in the country did not change during the month and reached 9.3 percent.