Abstract
Employment has been identified at the top of the list of young people’s concerns across Europe. Given the fact that in Bosnia and Herzegovina youth is one of the most vulnerable group, mainly due to the high unemployment rate, the main goal of this paper to determine the key individual and household characteristics of young people that influence their employment probability in order to support further development of decision-making policies in the labour market of Bosnia and Herzegovina. By using the USAID MEASURE-BiH National Youth Survey data set we analyse the effects of various individual and household characteristics on the probability of youth employment in Bosnia and Herzegovina. The analysis has revealed that education, age, gender and certain household characteristics have an impact on the probability of youth employment. The paper is expected to produce useful pieces of information that might be helpful for government decision-makers in Bosnia and Herzegovina in the process of creating employment policies to support young people.
Highlights
As well-known, employment has been identified at the top of the list of young people’s concerns across Europe
The model as a whole fits significantly better than a model with no predictors
0.000 for young women and men in Europe. These results are following the results reported by Adeniran et al (2020), Dibeh et al (2019), Nunez and Livanos (2010), Garrouste et al (2010), Lynch (1986), Ahmad and Azim (2010), Tasci and Tansel (2005), Hussain et al (2016), Rodokanakis and Vlachos (2013), Msigwa and Kipesha (2013), Karamessini et al (2019) and many others
Summary
As well-known, employment has been identified at the top of the list of young people’s concerns across Europe. As pointed out by Kluve et al (2019) bringing young people into productive work is a key labour market challenge in both developing and developed economies. To try to solve the problem of youth unemployment in 2009 the Member States adopted the EU youth strategy that acknowledges young people as both a most vulnerable group and a precious resource in an ageing Europe (European Commission, 2012). Youth unemployment isn’t just a temporary problem in one’s life. It may have long term negative effects, such as reduction of opportunity for lifetime earnings, higher likelihood of precarious employment, etc. As pointed out by O’Higgins (2009), it is firmly established that what happens in the youth labour market depends on what occurs in the economy as a whole
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