"It is quite possible that we will have negative employment growth as soon as in 2019, due primarily to negative demographic trends," it quoted Rokas Grajauskas, Danske Bank's chief economist for the Baltic countries, as saying.
In his words, the country must think about a coordinated import of labor force from abroad. This could be done via the education system, for example, by inviting young Ukrainians or Belarusians to study in Lithuania and then stay here to work. Also, it is necessary to think about how to increase labor productivity, which is especially important for industry and transport.
