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YouthWiki

EACEA National Policies Platform: Youthwiki
Lithuania

Lithuania

3. Employment & Entrepreneurship

Youth employment and entrepreneurship is currently a political priority in Lithuania. The youth labour market in Lithuania is difficult and fragile, but according to OECD report there are indications that it is improving. Moreover, according to OECD  report youth in Lithuania are among the most active in entrepreneurship in the EU. The business ownership rate suggests a high level of entrepreneurship activity among youth in Lithuania e.g. in the 2009-2013 period, 6.9% of youth were new business owners, which is the highest rate among EU countries. The current National Youth Policy Development Programme covers the period 2011 to 2019. It aims to create a sustainable environment and conditions for the development of youth policy. Goals for this period include promoting youth employment, youth entrepreneurship and social entrepreneurship and creating more favourable conditions for these activities.