<abstract xmlns="http://www.w3.org/1999/xhtml"><p>We are witnessing that the labor market indicators of the Republic of Srpska have been deteriorating for years. Unemployment rates are up to three times higher than the already high European average, with no prospect of changing the situation in the near future. Deterioration in the labor market with respect to people younger than 30 years of age bears particular significance. There is a notable gap between the reduction of unemployment rate and the increase of employed people from this population group. The question is: Where (and whether) are the young (educated) people disappearing from the labor market of the Republic of Srpska? The authors provide an analysis of the main indicators of the Republic of Srpska’slabor market, with the aim of recognizing the main tendencies and problems existing at the market, as well as the need to define adequate measures for their resolution.</p></abstract>

We are witnessing that the labor market indicators of the Republic of Srpska have been deteriorating for years. Unemployment rates are up to three times higher than the already high European average, with no prospect of changing the situation in the near future. Deterioration in the labor market with respect to people younger than 30 years of age bears particular significance. There is a notable gap between the reduction of unemployment rate and the increase of employed people from this population group. The question is: Where (and whether) are the young (educated) people disappearing from the labor market of the Republic of Srpska? The authors provide an analysis of the main indicators of the Republic of Srpska’slabor market, with the aim of recognizing the main tendencies and problems existing at the market, as well as the need to define adequate measures for their resolution.

Analysis of the Labor Market in the Republic of Srpska

ECONOMICS

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{"article-title":"Analysis of the Labor Market in the Republic of Srpska"}

We are witnessing that the labor market indicators of the Republic of Srpska have been deteriorating for years. Unemployment rates are up to three times higher...

Analysis of the Labor Market in the Republic of Srpska

Published Online: Jul 06, 2017

Page range: 72 - 93

DOI: https://doi.org/10.1515/eoik-2017-0012

Keywords
labor market, unemployment, employment, the Republic of Srpska

© 2017 Dragan Petrović et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Analysis of the Labor Market in the Republic of Srpska

Published Online: Jul 06, 2017

Page range: 72 - 93

DOI: https://doi.org/10.1515/eoik-2017-0012

Keywordslabor market, unemployment, employment, the Republic of Srpska

© 2017 Dragan Petrović et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
labor market, unemployment, employment, the Republic of Srpska