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...

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Main Authors: World Bank Group, Vienna Institute for International Economic Studies
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/289221491270732309/Western-Balkans-Labor-Market-Trends-2017
http://hdl.handle.net/10986/26395
id okr-10986-26395
recordtype oai_dc
spelling okr-10986-263952021-05-25T10:54:34Z Western Balkans Labor Market Trends 2017 World Bank Group Vienna Institute for International Economic Studies LABOR MARKET EMPLOYMENT YOUTH JOBS INFORMAL LABOR INACTIVITY RATES 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. 2017-04-18T22:06:50Z 2017-04-18T22:06:50Z 2017-04-01 Report http://documents.worldbank.org/curated/en/289221491270732309/Western-Balkans-Labor-Market-Trends-2017 http://hdl.handle.net/10986/26395 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 :: Other Social Protection Study 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 LABOR MARKET
EMPLOYMENT
YOUTH JOBS
INFORMAL LABOR
INACTIVITY RATES
spellingShingle LABOR MARKET
EMPLOYMENT
YOUTH JOBS
INFORMAL LABOR
INACTIVITY RATES
World Bank Group
Vienna Institute for International Economic Studies
Western Balkans Labor Market Trends 2017
geographic_facet Europe and Central Asia
Eastern Europe
description 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.
format Report
author World Bank Group
Vienna Institute for International Economic Studies
author_facet World Bank Group
Vienna Institute for International Economic Studies
author_sort World Bank Group
title Western Balkans Labor Market Trends 2017
title_short Western Balkans Labor Market Trends 2017
title_full Western Balkans Labor Market Trends 2017
title_fullStr Western Balkans Labor Market Trends 2017
title_full_unstemmed Western Balkans Labor Market Trends 2017
title_sort western balkans labor market trends 2017
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/289221491270732309/Western-Balkans-Labor-Market-Trends-2017
http://hdl.handle.net/10986/26395
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