THE IMPACT OF THE MINIMUM WAGE ON THE LIVING STANDARD IN LITHUANIA

Authors

  • Skaiste Kisieliute Kaunas University of applied science (LT)
  • Kristina Rupkute Kaunas University of applied science (LT)

DOI:

https://doi.org/10.17770/iss2022.7017

Keywords:

Baltic States, Lithuania, minimum wage, standard of living,

Abstract

This article is about a minimum wage that is too low in Lithuania. The aim of the article is to investigate whether the minimum wage is enough for Lithuanians to live a dignified/comfortable life, using the answers of the respondents obtained during the questionnaires research. Scientific literature, statistics and SPSS analysis software was also used to achieve this goal. At the end of this article, the results obtained during the research are discussed, which show that the respondents agree that the minimum wage is not enough for a dignified/comfortable life.

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References

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Published

2023-01-03

Issue

Section

Economics and Management