Employment as a factor of life quality

Labour market functioning is aff ected by a number of internal and external fac- tors. It is increasingly acknowledged that GDP should be associated with additional data and indicators. Th e eff ect of employment quality improvement on the quality of life is analysed in the study . Th e analysis of economic indicators enables not only evaluating the country’s economic level, but also determine the relation between these factors, the condition of the labour market and the development of small and medium businesses. Th e article provides a theoretical analysis of the relation between employ- ment and life quality. Th e empirical part analyses the results of the research “Labour, employment and entrepreneurship of the population”, carried out under the commis- sion of scientists, Mykolas Romeris University.