TIRANA, May 14 /ATA / The youth unemployment rate is pursuing a downward trend.
The Institute of Statistics published the report on labor market for 2020, according to which, youth unemployment is trending downwards.
“The unemployment rate for young people aged 15-24 is 26.5% or 27% for men and 25.9% for women. Compared to the previous year, the youth unemployment rate has dropped by 0.7 percentage points,” the report said.
In 2020, young people aged 15-29 who are not employed and are not attending school or any vocational education make up 27.9% of young people in total.
In recent years the government has launched a profound reform of vocational education system aimed at tailoring this education to the real needs of the market and turning the state into the main supporter of vocational training.
Vocational education makes it easier for young people to access the labor market. The Albanian state has launched stimulus packages for training course beneficiaries, in most cases they are offered at symbolic fees to individuals and free of charge to unemployed job-seekers registered at employment offices. /a.gjonaj//a.a/sm/
