Human capital is the cornerstone of each country’s cultural, social and economic development. In order for the country’s population to fulfill its potential and the state to maintain rapid economic growth, it is important to ensure that the skills available to the population and the labor market are matched. In order to achieve a better balance in the country’s labor market, the Government Strategic Analysis Center conducts research on the labor market and population employment, the relationship between the labor market and the education system, graduates’ career and vocational guidance system.
Employment monitoring by the Center includes assessment of the employment status, changes and trends in the Lithuanian population, collection and analysis of national employment statistics and forecasting employment. The Center contributes significantly to the activities of the Government Commission for the Coordination of National Human Resources Monitoring and provides the Commission with the information necessary for the performance of the tasks entrusted to it, and produces an annual statistical report on human capital monitoring.
The functions of the Center in the field of education are laid down in Article 21 of the Law on Higher Education and Research, Article 32 of the Law on Vocational Training and Article 121 of the Law on Employment.
Upcoming works on human capital policy are as follows:
Analysis of Employees of Foreign Capital, Innovative and Exporting CompaniesThe research aims to deepen knowledge about education, occupations and income of employees of foreign capital, innovative and exporting companies. Such analysis is relevant when making decisions on foreign investment attraction, business support and retraining strategies.
The review analyzes the situation of the Lithuanian population in the labor market. Special attention is paid to students, retired people and foreigners working in the country.
Career Information ToolThis tool is intended for graduates who make plans for their future after graduation. The tool provides information on the employment situation of graduates from different institutions and fields of studies.
Employment Statistics Monitoring ToolDemographic trends and forecasts signal a decline in the country’s population. The purpose of the tool is to provide statistical information on the employed in Lithuania, which would allow more detailed monitoring of changes and timely decisions.
Model for Predicting the Need for Medical StaffThe developed model will allow to present supply and demand trends, analyze the impact of different scenarios or factors on the demand and supply of health professionals and identify risk factors that will ensure the supply and demand balance of health professionals in Lithuania until 2028.