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The Necessity Of Solving The Youth Unemployment

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  • Adrijana Vukovic, Goran Djokovic, Danilo Roncevic

    (Fakultet za trgovinu i bankarstvo, Alfa univerzitet, Beograd)

Abstract

Situation and trends in the sector of un/employment of workforce are conditioned primarily by global trends, but they also express the content of economic and political measures that are undertaken in each country, both in the field of economic development, as well as in the labor force employment policy. High unemployment, especially of youth, is one of the main economic and social problems, but is also an indicator of the state of the economy. The labor force remains under-utilized development potential, and unemployment of workforce creates numerous social, demographic and political consequences in society. Unemployment is unsustainable for economic and social reasons. This paper points out the necessity of solving unemployment but it also suggests the methods of solving this problem. Thus, by application of the proposed development policy measures, the unused human resources (human capital) are employed.

Suggested Citation

  • Adrijana Vukovic, Goran Djokovic, Danilo Roncevic, 2015. "The Necessity Of Solving The Youth Unemployment," Ekonomika, Journal for Economic Theory and Practice and Social Issues 2015-01, „Ekonomika“ Society of Economists, Niš (Serbia).
    • Handle: RePEc:esb:petprv:2015-114
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    More about this item

    Keywords

    youth unemployment; labor; social problems; political instability; economic cost; the problems of youth;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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