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

Included in

Business Commons

Share

COinS
 
Nov 7th, 9:00 AM Nov 7th, 5:00 PM

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.