Western Balkans Labor Market Trends 2017
Labor markets in the Western Balkan countries, comprising Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro and Serbia, are characterized by low employment rates and high unemployment. High and persistent long-term unemployment has...
| Main Authors: | , |
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/289221491270732309/Western-Balkans-Labor-Market-Trends-2017 http://hdl.handle.net/10986/26395 |
| Summary: | Labor markets in the Western Balkan
countries, comprising Albania, Bosnia and Herzegovina,
Kosovo, FYR Macedonia, Montenegro and Serbia, are
characterized by low employment rates and high unemployment.
High and persistent long-term unemployment has become a
salient feature of the labor markets of the region.
Substantial informal sector activities are another prominent
feature of these economies. International migration plays an
important role in cushioning the problem of unemployment and
has become an important source of income. In addition,
almost the entire region is facing an aging and shrinking
population due to low birth rates and high emigration. Given
these unfavorable demographic and labor market conditions,
interest in labor market data and analysis features highly
on the agenda of regional policy makers. This report focuses
on the key labor market trends (activity, employment,
unemployment) between 2010 and 2016, with a special focus on
the link between economic growth and labor markets. The
report starts by discussing recent economic developments
(section two), which is followed by an overview of
demographic developments and levels of activity and
inactivity in the population (section three). Sections four
and five discuss employment and unemployment respectively.
Section six highlights the link between economic growth and
labor market developments, and section seven presents a
summary of the report’s findings. An extensive statistical
annex on key labor market indicators for each of the
countries can be found at the back of this report. |
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