What Characteristics in the Youth Labour Market of Serbia Are Likely to Result in Employment?

  • Dejana Pavlović Institute of Economic Sciences, Belgrade (Serbia)
  • Dragan Bjelica Faculty of Organizational Sciences, University of Belgrade, Belgrade (Serbia)
  • Ivana Domazet Institute of Economic Sciences, Belgrade (Serbia)
Keywords: youth, unemployment rate, Serbia, labour market, logistic regression

Abstract

In stark contrast to certain EU member countries, Serbia faces a high youth unemployment rate of over 30% (34.9% in 2016, 32.8% in 2017 and 31% in 2018). This paper provides a logistic regression analysis of what characteristics among youth (15-30 years of age) contribute to the likelihood of their employment in Serbia. While youth is internationally defined as being between the ages of 15-24, this paper broadens it to 15-30, as it is defined in Serbia (RS) for the purposes of youth employment/unemployment and for the country’s “National Youth Strategy from 2015 to 2025.” The study was conducted using micro data from the Labour Force Survey provided on request from the Statistical Office of the Republic of Serbia. The indicators that affect whether a young person will be employed or not are: the financial background of the participant’s household, earnings, age, gender, and total years of work experience. Theoretically, although it may be anticipated that unemployed individuals who have greater work experience find it easier to find a job, employment does seem to automatically generate longer working hours. The results of the research are both practical and scientific, as they may not only assist policy-makers in the process of writing strategies on youth employment, but also bear groundwork for further study.

Downloads

Download data is not yet available.

References

Bjelobrk, G. (2018). Istraživanje o migracijama studenata. Demografski pregled, 69/2018. https://www.minrzs.gov.rs/sites/default/files/2019-01/demografski_pregled_69.pdf

Cho, Y., & Newhouse, D. (2013). How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries. World Development, 41, 31-50. https://doi.org/10.1016/j.worlddev.2012.06.003

Choudhry, M. T., Marelli, E., & Signorelli, M. (2010), Youth Unemployment and the Impact of Financial Crises. XXV Convegno Nazionale di Economia del Lavoro Università degli Studi G. D'Annunzio, Chieti-Pescara, Italy, September 9-10. http://www.aiel.it/Old/bacheca/PESCARA/papers/Choudhry_Marelli_Signorelli_Youth.pdf

Domazet, I. (2018). Improving competitiveness and economic development through FDI. In K. Roy (Ed.) Developmental State and Millennium Development Goals (pp. 169-189). Brisbane (Australia): The International Institute of Development Studies (IIDS).

Flinn, C. J. (2006). Minimum wage effects on labour market outcomes under search, matching, and endogenous contact rates. Econometrical, 74, 1013–1062. http://www.econ.nyu.edu/user/flinnc/courses/tau/minimumwage.pdf

Galgóczi, B., Leschke, J., & Watt, A. (Eds.). (2012). EU migration and labour markets in troubled times: Skills mismatch, return and policy responses. Aldershot, UK: Ashgate.

International Labour Organization (2016) Statistical database. https://www.ilo.org/global/topics/youth-employment/databases-platforms/lang--en/index.htm

International Labour Organization (2017). Global Employment Trends for Youth 2017: Paths to a better working future. https://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/---publ/documents/publication/wcms_598669.pdf

Kelly, E., & Mcguinness, S. (2015). Impact of the Great Recession on unemployed and NEET individual’s labour market transitions in Ireland. Economic Systems, 35, 59-71. https://doi.org/10.1016/j.ecosys.2014.06.004

Malo, A.M., & Mínguez, A.M. (Eds.) (2018). European Youth labour markets. Problems and policies. Cham: Springer International Publishing. https://doi.org/10.1007/978-3-319-68222-8

Marginean, S. (2014). Youth unemployment in Romania: Post-Crisis Challenges. 21st International Economic Conference, IECS 2014, Procedia Economics and Finance 16, 613-620. https://doi.org/10.1016/S2212-5671(14)00848-X

Nikitović, V. (2016). Long-term effects of low fertility in the region of former Yugoslavia. Stanovništvo, 54(2), 27-58. https://doi.org/10.2298/STNV161115009N

Paraušić, V., Domazet, I., & Simeunović, I. (2017). Analysis of the Relationship Between the Stage of Economic Development and the State of Cluster Development. Argumenta Oeconomica 39(2), 279-305.

Pavlović, D., & Ljumović, I. (2016). Competitiveness Index Analysis: Is Investing in Young People Important for Achieving National Competitiveness? Economic Analysis, 42(1), 25-34. https://www.library.ien.bg.ac.rs/index.php/ea/article/view/326/322

Pavlović, D., & Ljumović, I. (2016). Prospects and Challenges for Female Leaders from the Balkans. Journal of Women's Entrepreneurship and Education 1-2(2016), 58-75 https://www.library.ien.bg.ac.rs/index.php/jwee/article/view/233/228

Pavlović, D., Domazet, I., & Lazić, M. (2018). The Impact of Education on the Youth Labour market. International Letters of Social and Humanistic Sciences, 83, 11-18. https://doi.org/10.18052/www.scipress.com/ILSHS.83.11

Pavlović, D., Zubović, J., & Zdravković, A. (2017). Youth Expectations in Job Search in Serbia. Industrija, 44(4), 4-17. https://doi.org/10.5937/industrija44-12784

Serbian National Employment Office (2018), Statistics Database. http://www.nsz.gov.rs/live/dokumenti/statisti_ki_bilteni_nsz.cid667

Statistical Office of the Republic of Serbia (2017). Labour Force Survey Database. http://data.stat.gov.rs/?caller=SDDB

Statistical Office of the Republic of Serbia (2018). Labour Force Survey Database. http://data.stat.gov.rs/?caller=SDDB

Statistical Office of the Republic of Serbia (2019). Latest indicators. https://www.stat.gov.rs/aktuelni-pokazatelji/

The World Bank (2019). Government expenditure on education. https://data.worldbank.org/indicator/SE.XPD.TOTL.GD.ZS?end=2017&locations=RS&start=2014

Vasile, V. (2012). Crisis Impact on Employment and Mobility Model of the Romanian University Graduates. Procedia Economics and Finance, 3, 315-324. https://doi.org/10.1016/S2212-5671(12)00158-X

Zdravković, A., Domazet, I., & Nikitović, V. (2012). Impact of demographic ageing on sustainability of public finance in Serbia. Stanovništvo, 50(1), 19-44. https://doi.org/10.2298/STNV1201019Z

Published
2019-12-19
How to Cite
Pavlović, D., Bjelica, D., & Domazet, I. (2019). What Characteristics in the Youth Labour Market of Serbia Are Likely to Result in Employment?. Stanovnistvo, 57(2), 35-47. https://doi.org/10.2298/STNV190823006P
Section
Articles