Session
Management, Business and Economics
Description
Youth unemployment is one of the most debatable issues in recent years in Albania and in the European countries. Active labour market policies (ALMP) are designed to help preventing the increase of unemployment rates and improving the matching of labour supply and labour demand. This paper examines the effectiveness of ALMP-s in improving the labour market outcomes of the young people in Albania. The analysis is carried out using micro-data from the National Employment Service and the Labour Force Survey conducted by the Albanian Institute of Statistics. Our findings provide evidence that ALMPs as a way of combating youth unemployment seem to be effective in Albania. However, the results at the macro-level aggregate suggest that only ALMP-s per se cannot be a panacea for reducing youth unemployment given that the unemployment for young people is persistent. Recommendations on improving labour market policies and possible actions are also provided in the paper.
Keywords:
labour market, youth unemployment, active labour market policies
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-550-12-3
First Page
138
Last Page
143
Location
Durres, Albania
Start Date
7-11-2015 9:00 AM
End Date
7-11-2015 5:00 PM
DOI
10.33107/ubt-ic.2015.35
Recommended Citation
Elezi, Pranvera and Memaj, Fatmir, "Are active labour market policies in Albania a panacea for reducing the youth unemployment?" (2015). UBT International Conference. 35.
https://knowledgecenter.ubt-uni.net/conference/2015/all-events/35
Included in
Are active labour market policies in Albania a panacea for reducing the youth unemployment?
Durres, Albania
Youth unemployment is one of the most debatable issues in recent years in Albania and in the European countries. Active labour market policies (ALMP) are designed to help preventing the increase of unemployment rates and improving the matching of labour supply and labour demand. This paper examines the effectiveness of ALMP-s in improving the labour market outcomes of the young people in Albania. The analysis is carried out using micro-data from the National Employment Service and the Labour Force Survey conducted by the Albanian Institute of Statistics. Our findings provide evidence that ALMPs as a way of combating youth unemployment seem to be effective in Albania. However, the results at the macro-level aggregate suggest that only ALMP-s per se cannot be a panacea for reducing youth unemployment given that the unemployment for young people is persistent. Recommendations on improving labour market policies and possible actions are also provided in the paper.