Lithuania's unemployment rate drops 1.3% in Q2 2026

Lithuania's labor market showed positive signs in the second quarter of 2026, with a notable 1.3% decrease in the overall unemployment rate. The figures released by the agency indicate a healthier job market, with 95,700 unemployed individuals aged 15-74.

The youth unemployment rate, a key concern, experienced a substantial drop of 5.3 percentage points in the quarter and 5.5 percentage points year-on-year, now standing at 12.6%. Long-term unemployment also decreased by 0.6 percentage points to 1.8% in the quarter, a 0.9 percentage point reduction from the previous year.

Employment figures mirrored this positive trend. The employment rate for those aged 15-64 increased by 0.9 percentage points to 74.6% in the second quarter. Notably, the employment rate for individuals aged 55-64 saw a significant jump of 2.9 percentage points, reaching 72.1%. The total number of employed individuals grew by 14,700 in the quarter and 15,600 year-on-year, reaching nearly 1.48 million.