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Investing in Youth: Lithuania

image of Investing in Youth: Lithuania

The present report on Lithuania is the fourth of a new series on "Investing in Youth" which builds on the expertise of the OECD on youth employment, social support and skills. This series covers both OECD countries and countries in the process of accession to the OECD, as well as some emerging economies. The report provides a detailed diagnosis of the youth labour market and VET system in Lithuania from an international comparative perspective, and offers tailored recommendations to help improve school-to-work transitions. It also provides an opportunity for Lithuania to learn from the innovative measures that other countries have taken to strengthen the skills of youth and their employment outcomes, notably through the implementation of a Youth Guarantee.

 

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Assessment and recommendations

Lithuanian youth (aged 15-24) were hit hard by the global economic and financial crisis, with the unemployment rate increasing sharply and peaking to over 35% in 2010. Despite notable signs of progress, at 16.7% (in Q2 2015) the unemployment rate continues to be higher than it was at the beginning of the crisis (around 10%) and there are signs of building labour markets pressures, fuelled by long-standing challenges. These are manifest in a fundamental problem of poor quality of jobs, which means that many youth are trapped in low-paid, informal jobs, which prevent them from developing and fully utilising their skills and capacities. There is a link between these tensions and the market propensity of Lithuanian youth to look for better job opportunities abroad and migrate.

English

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