wiiw Forecast Reports

Why Western Balkan labour markets are different


Hermine Vidovic

in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 28-30

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Unlike in much of EU-CEE, labour markets in the Western Balkans are not facing significant labour shortages. In the region, unemployment is generally high, employment rates low, and most countries have a particularly high share of youth and long-term joblessness. This reflects cultural factors, a reliance on remittances, and a high degree of informality.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database