Labour markets in the EU have been profoundly changed. Recently, unemployment rates have declined due to the economic recovery. The economic growth that Europe has been enjoying is extremely labour-intensive. Statistical data show that unemployment has been falling for several consecutive years. Labour markets of the former Eastern European countries are attractive for investors for their skilled labour and low cost of labour. Nevertheless, there are processes and phenomena occurring which can have damaging consequences to the labour markets. The present study compares current trends in the Slovak and Lithuanian labour market. Since the existing analyses usually address economic situation in the V4 countries, Baltic countries or compare their performance with developed EU countries, the originality of the paper lies in comparing the selected economic indicators on the Slovak and Lithuanian labour markets. The purpose of the study is to analyse and compare selected macroeconomic indicators of individual countries, to find paradigms of development on the labour market and to predict development forecasts in individual macroeconomic indicators. The authors' research revealed that long-term sustainable growth in the labour market is secured in both countries, based on the analysis of the development of indicators affecting the labour market. A polynomial model and the moving average model are used for the analysis. The arrival of the new crisis could stop this growth, but the countries have learned from the last crisis. Therefore, they are gradually making decisions to alleviate the consequences.
The authors of the article have investigated the constituents of competitive supply and have presented the algorithm of its formation in the sector of thermal power. The investigations conducted by them indicate that in a given market the supply of goods and services must be presented in proportion to their demand. In this way the business losses and costs from the unrealized demand are reducing and its general competitiveness is growing. The investigations conducted by the authors indicate that the bigger number of the market participants, the bigger influence is made to the business competitiveness by its ability to structurize the supply appropriately. To achieve competitive supply a stable business structure is necessary which enables to form business structures having a stable financial basis. As in the investigated market the action takes place with one product-thermal power-one can efficiently concentrate on the processes of formation of competitive supply. The information collected during the statistical investigation has indicated that the dynamics of untilled areas of agricultural destination can significantly affect the price of heat. By reclaiming these areas and starting to grow energetic plants one can achieve the reduction of the price of heat. Conditions to reorientate the energy system towards the production of the green energy are created. In this way an opportunity to form a competitive supply in respect of the business entities using fossil fuels appears.
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