Due to a reduction in labour taxes, average net (after tax) wages in the first half of 2015 in Estonia and Latvia rose at a quicker pace than gross wages. In Lithuania the average net wages rose a little bit…
The state of the job market continues to improve, regardless of the slowing of economic growth and lower employment rate growth. Last year, the growth of average gross earnings was influenced by the increase in the minimum wage in each…
At the end of 2014, the volume of liquid assets per resident was on par with the recommended money reserve in all three Baltic States, but at the same time a significant number of the residents of Latvia and Lithuania…
According to the Baltic Retirement Readiness Index calculated based on an SEB survey, 90 percent of Estonian, Latvian and Lithuanian employed population hope to have alternatives (i.e. other sources of income) to the state pension. In reality, only a half…
According to an international survey conducted in 2013, as much as 74 per cent of Latvian families experienced some negative impact – job loss or decreased income – from the economic crisis. In Estonia, the proportion of such families was…
Mean net wages topped the pre-crisis levels in all three Baltic States. Wage statistics show a gap of almost 50 per cent between mean net wages in Estonia and the other Baltic States; in recent years, the gap has widened…