Employment and changing labour market: new opportunities in the Lithuanian labour market

ENIn the conditions of modern global economy, the labour market indicators are highly sensitive to economic changes. Labour market dynamics significantly depends from the changes of economic cycle. Under the development of globalization conditions one of the priority objective of the European Union is to maintain and create new jobs according to the migration process. According to the basic indicators characterising situation of employment, the situation and employment trends are evaluated in this article. In this article the following methods of analysis are used: a systematic analysis of the scientific literature, general and logical analysis, comparative analysis, the analysis of statistical data. The new labour market opportunities in the context of a new labour market legislation is highlighted in the article. The carried out evaluation of employment situation allows as to state that despite of improving general employment statistics specific demographic groups still face difficulties integrating into labour market. However, it should be noted, that Lithuania has recently started reforming the labour market by implementing the recommendations of the European Commission. It is believed, that flexibility conferred by new legislation will improve the employment opportunities and Lithuanian labour market will maintain its competitiveness during the economic changes in the context of globalization.