South East Europe Regular Economic Report, No. 9S, Fall 2016 : Ten Messages About Youth Employment in South East Europe
Today, nearly half of youth in the six South East European countries (SEE6) are not in the labor market, and one quarter is inactive—not in employment, education, or training. These poor outcomes partly reflect a difficult recovery in SEE6 from the...
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| Online Access: | http://documents.worldbank.org/curated/en/940151479220585911/Ten-messages-about-youth-employment-in-South-East-Europe http://hdl.handle.net/10986/25862 |
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okr-10986-258622021-05-25T10:54:39Z South East Europe Regular Economic Report, No. 9S, Fall 2016 : Ten Messages About Youth Employment in South East Europe World Bank Group youth employment unemployment informal sector labor market jobs labor regulation taxation entrepreneurship skills Today, nearly half of youth in the six South East European countries (SEE6) are not in the labor market, and one quarter is inactive—not in employment, education, or training. These poor outcomes partly reflect a difficult recovery in SEE6 from the 2008 global financial crisis, which sent already high youth unemployment soaring to new heights. This paper presents 10 evidence-based messages on the youth employment challenges in SEE6. The 10 messages demonstrate that many factors disproportionately affect jobless youth. Often young people bear the brunt of the structural and cyclical vulnerabilities that are embedded in the functioning of labor markets in the region. But the challenges faced by cyclically unemployed and structurally jobless young people in SEE6 differ, and so do the policy responses to address them. For the former, it is vital to keep youth engaged in the labor market during recessions and build their human capital while the labor market recovers. For the latter, the policy agenda is deeper; it is necessary to address the disincentives to work and hire youth embedded in exclusionary labor regulations and labor taxation; equip new labor entrants with the skills the market needs; and improve their access to productive inputs, such as land, finance, and professional connections. Policy measures to combat joblessness could often have much more importance for youth than other age groups. But the SEE6 policy agenda to address youth unemployment and inactivity is not an isolated agenda; it is an agenda for higher overall employment with specific elements for youth. Therefore, measures promoting overall job creation should be complemented, not replaced, by measures focused on youth. 2017-01-17T19:32:09Z 2017-01-17T19:32:09Z 2016-11 Report http://documents.worldbank.org/curated/en/940151479220585911/Ten-messages-about-youth-employment-in-South-East-Europe http://hdl.handle.net/10986/25862 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Europe and Central Asia Eastern Europe |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
youth employment unemployment informal sector labor market jobs labor regulation taxation entrepreneurship skills |
| spellingShingle |
youth employment unemployment informal sector labor market jobs labor regulation taxation entrepreneurship skills World Bank Group South East Europe Regular Economic Report, No. 9S, Fall 2016 : Ten Messages About Youth Employment in South East Europe |
| geographic_facet |
Europe and Central Asia Eastern Europe |
| description |
Today, nearly half of youth in the six
South East European countries (SEE6) are not in the labor
market, and one quarter is inactive—not in employment,
education, or training. These poor outcomes partly reflect a
difficult recovery in SEE6 from the 2008 global financial
crisis, which sent already high youth unemployment soaring
to new heights. This paper presents 10 evidence-based
messages on the youth employment challenges in SEE6. The 10
messages demonstrate that many factors disproportionately
affect jobless youth. Often young people bear the brunt of
the structural and cyclical vulnerabilities that are
embedded in the functioning of labor markets in the region.
But the challenges faced by cyclically unemployed and
structurally jobless young people in SEE6 differ, and so do
the policy responses to address them. For the former, it is
vital to keep youth engaged in the labor market during
recessions and build their human capital while the labor
market recovers. For the latter, the policy agenda is
deeper; it is necessary to address the disincentives to work
and hire youth embedded in exclusionary labor regulations
and labor taxation; equip new labor entrants with the skills
the market needs; and improve their access to productive
inputs, such as land, finance, and professional connections.
Policy measures to combat joblessness could often have much
more importance for youth than other age groups. But the
SEE6 policy agenda to address youth unemployment and
inactivity is not an isolated agenda; it is an agenda for
higher overall employment with specific elements for youth.
Therefore, measures promoting overall job creation should be
complemented, not replaced, by measures focused on youth. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
South East Europe Regular Economic Report, No. 9S, Fall 2016 : Ten Messages About Youth Employment in South East Europe |
| title_short |
South East Europe Regular Economic Report, No. 9S, Fall 2016 : Ten Messages About Youth Employment in South East Europe |
| title_full |
South East Europe Regular Economic Report, No. 9S, Fall 2016 : Ten Messages About Youth Employment in South East Europe |
| title_fullStr |
South East Europe Regular Economic Report, No. 9S, Fall 2016 : Ten Messages About Youth Employment in South East Europe |
| title_full_unstemmed |
South East Europe Regular Economic Report, No. 9S, Fall 2016 : Ten Messages About Youth Employment in South East Europe |
| title_sort |
south east europe regular economic report, no. 9s, fall 2016 : ten messages about youth employment in south east europe |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/940151479220585911/Ten-messages-about-youth-employment-in-South-East-Europe http://hdl.handle.net/10986/25862 |
| _version_ |
1764460505371508736 |