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Youth Unemployment in Albania, Causes and Consequences

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  • Meleq Hoxhaj

    (Indepedent Researcher)

Abstract

The purpose of this paper is to look into the cause, effect and solution to youth unemployment problems in Albania. The youth unemployment rate reached the highest level of 40.34% in 1993, while the lowest level was 21.44% in 2006. Data for this paper was obtained from the World Bank and, processed by the SPSS.20 program. By linear regression, we have analysed the youth unemployment relationship with some of the main economic indicators. The link between economic growth and youth unemployment is weakly negative, while the link between foreign direct investment and youth unemployment is also negative.Youth participation from the workforce is positively linked with youth unemployment. The main problem for youth unemployment in Albania is “economic growth that brings poverty”, which does not bring employment and bridge the gap between the labour market and skills.

Suggested Citation

  • Meleq Hoxhaj, 2017. "Youth Unemployment in Albania, Causes and Consequences," EuroEconomica, Danubius University of Galati, issue 2(36), pages 159-168, November.
    • Handle: RePEc:dug:journl:y:2017:i:2:p:159-168
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    References listed on IDEAS

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    Cited by:

    1. Loreta ISARAJ & Meleq HOXHAJ, 2021. "Macroeconomic factors influencing unemployment in Albania," Romanian Journal of Economics, Institute of National Economy, vol. 53(2(62)), pages 56-67, December.
    2. Pano Enkeleda Fejzulla, 2021. "Increasing Youth Employability in Albania by Enhancing Skills through Vocational Education," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 7, July -Dec.

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