Lithuania up in Global Talent Competitiveness Index

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2017 01 19

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Lithuania has moved up two positions in the Global Talent Competitiveness Index and now ranks 33rd out of the 118 countries surveyed. The index ranks countries according to their ability to attract and retain talent and competences that exist locally. The jump in Lithuania’s position in the ranking this year was mostly due to stronger results in the talent attraction and talent growth indicators.

‘Higher ranking is a good signal for Lithuania which indicates that we are moving in the right direction. We have no doubt however that this position might be even higher and we will therefore continue our efforts so as to ensure sufficient talent base for the national labour market,’ Minister of Economy Mindaugas Sinkevičius says.

Lithuania ranks first in the index for the ease of hiring among the countries surveyed; we are 29th  in the global knowledge skills and talent growth. The main area for continued improvement is vocational and technical skills, here Lithuania ranks 87th, which means that it is difficult to find experienced  specialists in the labour market.

In the overall ranking, Switzerland comes first with P Singapore, the UK, the USA and Sweden completing the top 5. Latvia and Estonia rank 32nd and 20th respectively, Poland is 38th, the Czech Republic – 23dr, Slovakia – 37th.

For more information visit https://www.insead.edu/news/2017-global-talent-competitiveness-index-davos