What Characteristics in the Youth Labour Market of Serbia Are Likely to Result in Employment?

Pavlović, Dejana and Bjelica, Dragan and Domazet, Ivana (2019) What Characteristics in the Youth Labour Market of Serbia Are Likely to Result in Employment? Stanovništvo. ISSN 2217-3986

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In stark contrast to certain EU member countries,Serbia faces a high youth unem-ployment rate of over 30% (34.9% in 2016, 32.8% in 2017 and 31% in 2018). This paper provides a logistic regression analysis of what characteristics among youth (15-30 years of age) contribute to the likelihood of their employment in Ser-bia. While youth is internationally defined as being between the ages of 15-24, this paper broadens it to 15-30, as it is defined in Serbia (RS) for the purposes of youth employment/unemploymentand for the country’s “National Youth Strategy from2015 to 2025.” The study was conducted usingmicro data fromthe LabourForce Survey provided on request from the Sta-tistical Office of the Republic of Serbia. The indicators that affect whether a young person will be employed or not are: the fi-nancial background of the participant’s household, earnings, age, gender, and total years of work experience.Theoretically, although it may be anticipated that unem-ployed individuals who have greater work experience find it easier to find a job, em-ployment does seem to automatically gen-erate longer working hours.The results of the research are both practical and scien-tific,as they may not only assist policy-makers in the process of writing strategies on youth employment, but alsobear groundwork for further study.

Item Type: Article
Additional Information: COBISS.ID=512590434
Uncontrolled Keywords: youth, unemployment rate, Serbia, labour market, logistic regression
Research Department: Welfare Economics
Depositing User: Jelena Banovic
Date Deposited: 19 Dec 2019 11:17
Last Modified: 10 Jun 2020 13:26
URI: http://ebooks.ien.bg.ac.rs/id/eprint/1406

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