Lithuania: News

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Ukraine is looking for workers while millions of women remain outside the labor market

In the fifth year of resistance to Russia's full-scale aggression, labor shortage has become the main challenge for Ukrainian businesses. Mobilization on the one hand and emigration on the other have reduced the labor force by millions. It's not difficult to imagine the consequences: labor shortages increase salaries and, therefore, producers' costs. They also limit firms' production capacity and their ability to export. At the macroeconomic level, a shortage of workers leads to slower economic

About Lithuania

Lithuania is a Baltic state covering 65,300 square kilometers (25,212 square miles) with a population of approximately 2.8 million. Lithuania’s capital is Vilnius. The country is one of the top providers of military aid to Ukraine in terms of percentage of GDP, with total aid exceeding 1.7 billion euros. Lithuania hosts Ukrainian refugees, supports sanctions against Russia, and advocates for Ukraine's NATO and EU membership.

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