Recent trends and development of the labour force in Serbia

Ognjenović, Kosovka and Branković, Aleksandra (2013) Recent trends and development of the labour force in Serbia. In: Education and Employment Opportunities for Entrepreneurs. Faculty of Business Economics and Enterpreneurship, Belgrade, pp. 229-247. ISBN 978-86-6069-096-0

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Abstract

Serbia has experienced a permanent fall in the labour force as a result of several factors, out of which negative demographic tendencies and migrations of the population are the most important ones. The long-term structural changes, driven by transitional processes and shifts in the global economy,caused structuralbreaks in theemployment trend. Successive rates of positive economic growth that occurred in the mid-2000s pointed out to some favourable developments in the labour market. These favourable economic conditions wereadditionally contributed to bythe intensified privatisation and the stimulating business climate, but these improvements were only temporary.The economic crisis occurred, turning positive developmentsinto the negative ones. This paper will examine recent trends and development of the labour force andits components in the labour market of Serbia. The Labour force survey data and the data from other statistical sources will be used for the purpose of the analysis presented in this paper.

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