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Hard to Enter: Young in SEE Labour Markets

Author

Listed:
  • Vladimir Gligorov

    (The Vienna Institute for International Economic Studies, wiiw)

  • Hermine Vidovic

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

The background note is in two parts. We first review the evidence of persistently low employment and especially youth employment rates in Southeast Europe. Those cut across various characteristics of the young gender, skills, occupation with worse outcomes for younger, female, unskilled, and less specialised occupations. We compare the SEE countries with some neighbours, with the Southern EU countries, and with Austria and the EU average to highlight both the persistence of bad labour market performance and the negative effect of the crisis. In the second part, we look into the macroeconomic reasons for bad employment record in this region and find that growth or rather decline of GDP has very strong effect on youth employment as has fiscal austerity. Those suggest policy interventions to secure macroeconomic stability, incentives for investment, and active labour market policies to support skill acquisition and the process of search for job.

Suggested Citation

  • Vladimir Gligorov & Hermine Vidovic, 2013. "Hard to Enter: Young in SEE Labour Markets," wiiw Background Study 2013-10, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:backgs:2013-10
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    References listed on IDEAS

    as
    1. Laura Jaramillo & Mr. Carlo Cottarelli, 2012. "Walking Hand in Hand: Fiscal Policy and Growth in Advanced Economies," IMF Working Papers 2012/137, International Monetary Fund.
    2. Matsumoto, Makiko. & Hengge, Martina. & Islam, Iyanatul,, 2012. "Tackling the youth employment crisis : a macroeconomic perspective," ILO Working Papers 994702973402676, International Labour Organization.
    3. Vasily Astrov & Rumen Dobrinsky & Vladimir Gligorov & Doris Hanzl-Weiss & Peter Havlik & Mario Holzner & Gabor Hunya & Michael Landesmann & Sebastian Leitner & Olga Pindyuk & Leon Podkaminer & Sandor , 2013. "Animal Spirits still Dimmed: Slow Recovery Expected," wiiw Forecast Reports 12, The Vienna Institute for International Economic Studies, wiiw.
    4. repec:ilo:ilowps:470297 is not listed on IDEAS
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