How can Lithuania’s Ministry of social security and labour reintegrate over-indebted people into the labour market?

Fuente: Organización Internacional del Trabajo (OIT)
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Auteur principal: Rokas Kersys (Author)
Format: Entrada de enciclopedia
Publié: International Labour Organization 2025
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author Rokas Kersys (Author)
author_facet Rokas Kersys (Author)
Rokas Kersys (Author)
contents How can Lithuania’s Ministry of social security and labour reintegrate over-indebted people into the labour market? Rokas Kersys (Author) Household debt imposes heavy economic costs on governments by lowering labour force participation and GDP growth while increasing unemployment, informal work, and social expenditure. Debt melancholy leads to unemployment and mental health illnesses at significantly higher rates than among those without debt, with time and reduced financial burdens needed to break the cycle. ILO publication.encyclopediaEntry
format Entrada de enciclopedia
id ilo_995651063802676
institution Organización Internacional del Trabajo (OIT)
publishDate 2025
publisher International Labour Organization
spellingShingle How can Lithuania’s Ministry of social security and labour reintegrate over-indebted people into the labour market?
Rokas Kersys (Author)
How can Lithuania’s Ministry of social security and labour reintegrate over-indebted people into the labour market? Rokas Kersys (Author) Household debt imposes heavy economic costs on governments by lowering labour force participation and GDP growth while increasing unemployment, informal work, and social expenditure. Debt melancholy leads to unemployment and mental health illnesses at significantly higher rates than among those without debt, with time and reduced financial burdens needed to break the cycle. ILO publication.encyclopediaEntry
title How can Lithuania’s Ministry of social security and labour reintegrate over-indebted people into the labour market?
url https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/How-can-Lithuanias-Ministry-of-social/995651063802676