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Estimates of the rise of neet and youth unemployment in South East European countries

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  • Mariana BĂLAN

    (Bucharest University of Economic Studies)

Abstract

According to Eurostat statistics, in 2012, in Europe, about 7.5 million young people aged 15-24 years were excluded from the labor market and the education system. Consequently, the rate of NEET population, aged 15-24 years, increased from 10.9% in 2008 to 13.1% in 2012, with significant variations among Member States: under 7% in the Netherlands, Luxembourg, Austria and Denmark, more than 18% in Ireland, Spain, Greece, Italy and Bulgaria. In Romania, under the impact of the financial crisis, the rate of NEET population, increased from 11.4% in 2008 to 16.8% in 2012, slightly down from 2011, when it was 17.4 percent. This paper presents a brief analysis of the size and characteristics of the NEET population in Romania compared to other countries in South East Europe, and of youth unemployment rate. It analyzes the structure and education and gender composition of NEET groups in the pre-crisis period and under its impact. Some econometric methods are presented to estimate the structure and size of NEET rates and youth unemployment rate.

Suggested Citation

  • Mariana BĂLAN, 2013. "Estimates of the rise of neet and youth unemployment in South East European countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(Special I), pages 29-41, December.
    • Handle: RePEc:agr:journl:v:xx:y:2013:i:special-ii:p:29-41
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