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The Bulgarian labor market has suffered from the economic crisis, and cyclical unemployment has turned into structural unemployment. The labor market crisis is amplified by demographic change as the young and skilled labor force emigrates, aggravating a skills mismatch. Vulnerable groups are...
Persistent link: https://www.econbiz.de/10012564385
Unemployment, especially youth unemployment, is a serious problem for the Republic of Congo. Despite the economic recovery and political stabilization in the last decade, insufficient employment has been created, leading to high unemployment rates, especially for the young population in urban...
Persistent link: https://www.econbiz.de/10012550605
This paper reviews labor market performance in Georgia, and examines the link between labor market outcomes and poverty. At over 15 percent, the unemployment rate in the country is high by European standards. Georgia faces three main labor market issues: (a) underutilization of labor resources,...
Persistent link: https://www.econbiz.de/10012560034
This report suggests measures to help Russia develop a formal, competitive labor market over the medium term. The study addresses four major questions: (1) How well has Russia been able to redress the misallocation of labor inherited from its socialist past? (2) Do wages increasingly reflect...
Persistent link: https://www.econbiz.de/10012558523