As much as 69.1 per cent of the population aged 55-64 were employed in Lithuania in 2023, which was one of the highest rates across the European Union (EU), the Employment Service said citing Eurostat data.
According to the service, the employment rate of the older population in Lithuania last year was higher than the EU average and similar to that in Bulgaria, Hungary and Latvia. Only Sweden, Estonia and the Netherlands had more older people in employment.
Women aged 55-64 are more likely to be in employment in Lithuania, yet across the EU, it is men who are more likely to be employed.
“It is possible that some older women cannot afford not to work – they work more often for material incentives, lack of income, than for self-expression, meeting social needs or similar things,” Giedre Sinkevice, Deputy Director of the Employment Service, said in a press release on Monday.
Compared to other worker age groups, the employment rate of older people in Lithuania has been about 4 percentage points lower than the national employment rate over the past five years.
According to the service’s data, 60,200 people aged over 50 were looking for a job on July 1. Registered unemployment in this age group reached 10.1 percent (vs 8.5 pct overall).
Source: BNS
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