Relationship of the youth unemployment and determinants of the labour market in the Balkan countries

Pavlović, Dejana; Zubović, Jovan; Obradović, Vladimir

doi:10.5937/industrija45-15155

Cited by 3 publications

(2 citation statements)

References 11 publications

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“…Skilled people who cannot find a job in the formal sector accept jobs that are below to their qualifications or they work in the informal sector [26]. There is a relationship between youth unemployment and the determinants of the labour market flexibility for Balkan countries [27]. Where according to the "Economic Freedom" database of the Fraser Institute, the indicators of the labour market flexibility include the variables of employment barriers as the minimum wage, hiring regulations, collective bargaining, employment taxes costs and dismissals costs.…”

Section: Education and Youth Employmentmentioning

confidence: 99%

Employment of Economics Graduates: Does Gpa Matter?

Mehmetaj

Alili

2021

Interdisciplinary Description of Complex Systems

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The level of educational attainment and skills of young people have a strong influence on economic activity and consequently on their employment rates. Grade point averages (GPA) of undergraduate studies keep on being a relevant selection tool in the employment process. GPA metric is believed to be an index of mental ability related later to job performance and successful outcomes. Youth employment in Albania and North Macedonia is low and unresponsive to the education of young people. This study offers an overview of youth unemployment rates in the Western Balkan countries. It uses survey analyses of tertiary graduates of economics programs at Luigj Gurakuqi University in Albania and South-East European University in North Macedonia. A comparative analysis focusing on the determinants of the employability of economics graduates in the last decade is realized using qualitative and quantitative analyses for each university. Logistic regression results indicate that the GPA of the bachelor program is an important factor in the employment of graduates. Additional variables such as gender, time of graduation, and obtaining a master's degree play an important role in being employed in Luigj Gurakuqi University. Developing educational attainment by updating educational and vocational curricula taking into account market demands would improve the school-to-work transition of youth.

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Section: Education and Youth Employmentmentioning

confidence: 99%

Employment of Economics Graduates: Does Gpa Matter?

Mehmetaj

Alili

2021

Interdisciplinary Description of Complex Systems

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“…An additional and more severe problem is the youth unemployment rate and the struggle of young people in the labor market, who are faced with lesser-quality jobs, lower wages, and temporary contracts. Balkan countries are facing many unemployed young people (Pavlović et al, 2017), which represents one of the most severe economic and social problems in the region.…”

Section: Introductionmentioning

confidence: 99%

Youth Unemployment in Serbia and Albania: Promoting Entrepreneurship as a Way Forward

Stakić¹,

Sharko²

2022

Proceedings of the 9th International Scientific Conference - FINIZ 2022

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A great disruption in both economic development and the business environment caused by the COVID-19, provoked a significant effect on youth unemployment. Youth unemployment remains an important problem for Western Balkan countries, along with additional challenges concerning education and business systems brought on by the pandemic. Entrepreneurship is recognized as one of the best solutions for overcoming the stated problem due to its many benefits. It is important to develop entrepreneurship among the young population to improve their economic independence and integrate them into the labor market. This paper discusses the post-Covid state of the unemployment levels, youth unemployment, and entrepreneurship, as possible stepping stones in the Republic of Serbia and the Republic of Albania.

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Youth Aspirations Towards Industry 4.0 Job Requirements

Djukic,

Pavlovic

2023

Developing Skills and Competencies for Digital and Green Transitions

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A push towards digitalization and a solid inflow of foreign investments has provided a basis to create new jobs and facilitate a smoother transition of youth into the Serbian labor market. Although still inordinately high when compared to its EU counterparts, the unemployment rate youth has decreased over the last decade following improved macroeconomic trends. Further positive outcomes necessitate targeted, labor market policies focused on strengthening employability - of interest to research are changes in the external environment (particularly Industry 4.0 requirements) and deficiencies caused by rigidity in formal education. Taking into consideration youth career aspirations and capacities, a Principal Component Factor Analysis was applied to data collected from the survey of youth (18-29 years old, n=125). The results help provide conclusions on youth attitudes related to learning preferences, additional skills required and the self-estimation of their digital-skill capacities. The analysis extracts five factors relevant for developing effective active labor market measures.

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Relationship of the youth unemployment and determinants of the labour market in the Balkan countries

Cited by 3 publications

References 11 publications

Employment of Economics Graduates: Does Gpa Matter?

Employment of Economics Graduates: Does Gpa Matter?

Youth Unemployment in Serbia and Albania: Promoting Entrepreneurship as a Way Forward

Youth Aspirations Towards Industry 4.0 Job Requirements

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