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2018, vol. 12, iss. 1, pp. 20-32
Employment and unemployment of youth in the Republic of Serbia, current state and prospects
aEducons University, Faculty of Business Economics, Sremska Kamenica
bEducons University, Sremska Kamenica + Metropolitan University, Belgrade

emailsimonida.vukadinovic@gmail.com, sdomazetns@gmail.com, jelena.jessic@gmail.com
Project:
European integrations and social and economic changes in Serbian economy on the way to the EU (MESTD - 47009)
Challenges and Prospects of Structural Changes in Serbia: Strategic Directions for Economic Development and Harmonization with EU Requirements (MESTD - 179015)

Keywords: labor market; unemployment; Strategy 2020; European Union
Abstract
One of the basic macroeconomic phenomena - indicators of any economy - is the labor market situation and the issue of employment, since they imply questions of national importance - migration, as well as the problem of survival of small nations in the extreme. Although the Republic of Serbia is a candidate for membership in the European Union for more than five years, it has a large number of demands and goals that have to be achieved in order to become a member of the Union. Certainly one of them is macroeconomic stability, which is difficult to achieve with high unemployment rates - in the working age population (15,9%, 2016), and with an almost 2.20 times higher rate of youth unemployment (45%, 2016.). The paper will present the problem of youth unemployment in Serbia and the phenomenon of brain drain, as well as, some proposals for measuring and soloving the unemployment problems will be given. Also, the authors will present comparative analysis of the (un)employment in Serbia from the beginning of the crisis, and projections of the labor force by year 2020. The authors will point out the 2020 Strategy, in the segment related to the expectations concerning the labor marketalong with the employment rate target and suggestions to reach them, stressing that the adoption of the National Qualifications Framework is a necessity in order to synchronize the labor market of the Republic of Serbia, both internally and with the European Qualifications Framework.
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article language: English
document type: Review Paper
DOI: 10.5937/poseko13-17158
published in SCIndeks: 25/10/2018

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