We all want people to have higher wages. Especially those with low incomes. But this is not done by setting an administrative salary from Bratislava for a waitress from Utekáč.
Prior to the crisis triggered by the COVID-19 outbreak, the Lithuanian economy had been enjoying a rapid growth. Yet, while the number of available jobs had been increasing, the number of unemployed had remained steadily high.
The Lithuanian Free Market Institute and its partner organisations have published the third annual Employment Flexibility Index which ranks 41 EU and OECD countries by ease of employing people.
For the third year in a row, the Lithuanian Free Market Institute and its partner organisations present the Employment Flexibility Index, that ranks a total of 41 countries that are members of the European Union (EU) or the Organization for Economic Cooperation and Development (OECD).
Legal interventions in hiring and firing practices are often referred to as employment protection legislation that include working hours, health and safety requirements. The extent of legislative intervention and its quality significantly affects the functioning of the labour market.
The Employment Flexibility Index 2019 of the member states of the European Union (EU) and the Organization for Economic Co-operation and Development (OECD) provides a comparative quantitative analysis of labor regulation flexibility.
Production taxes in France have long been a contentious issue closely linked to employment and wage growth. France currently sets one of the highest levels of production taxes in the EU, which can be seen as an example of the government’s habitual over-taxation.