Employment of young people in the EU is growing, unemployment is decreasing
Youth unemployment has decreased in almost all member states of the European Union, but also in the region such as Serbia, Bosnia and Herzegovina, and Macedonia - the latest data from the EU Statistics Office show.
Last year saw a record low unemployment rate of 6,3 percent among young people aged 15 to 29, Eurostat reported, stating that youth unemployment in Serbia and the region was below 10 percent last year.
Last year, 92.000 young people from our country were unemployed, and their number is constantly decreasing. A year earlier, in 2021, 10 percent of young people aged 15 to 29 were unemployed, while in 2014 that percentage was twice as high (17,9) as last year.
The Eurostat report notes that many young people are studying and not actively looking for work, and that if only young people participating in the labor force are taken into account, the youth unemployment rate is 11,3 percent.
At the level of the EU countries, this is a record low unemployment since the beginning of the measurement in 2009, the EU Statistics Office announced.