TIRANA, Nov 19 /ATA/- Youth employment has seen consistent progressive increase in the last couple of years.
INSTAT announces that official scale of youth unemployment has dropped to 20,9 % in Q2 2019 against 32,8% in 2018 the rate of uneducated and untrained youth employment published by International Labor Organization (ILO).
INSTAT report confirms that labor market performance is following a positive trend with unemployment dropping to an all time rate of 11,5% as compared to 2014.
The positive figures of employment increase show that economy and business are generating employment for all strata, including unqualified youths who find it difficult to integrate in the job market.
Currently 68.9% of Albanians are engaged in work and business demand for professionals is increasing.
According to INSTAT, youth unemployment rates show a significant downward trend in annual terms. “Compared to the second quarter of 2018, the youth unemployment rate in the second quarter of 2019 is 1.7% lower. While compared to the first quarter of 2019, the youth unemployment rate has dropped by 1.3%, ”the INSTAT report reads.
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