Southeastern Europe: Dramatic Labor Market Conditions

Central- & Eastern EuropeWestern Balkans ♦ Published: October 22, 2013; 12:03 ♦ (Vindobona)

In Southeastern Europe, the labor market conditions are similarly bad as in Southern Europe. Above all, youth unemployment is extremely high.

Southeastern Europe: Dramatic Labor Market Conditions / Picture: © Vindobona.org

In some regions of Southeastern Europe, youth unemployment is already above 60%. In Macedonia, the youth unemployment quota comes at 55%. Kosovo records a youth unemployment rate of 60% and is only beaten by Bosnia (62%). In some countries of Southeastern Europe, migrants are moving back to their home countries. According to the World Bank, this is mainly due to the bad education…