LABOR MARKET AND HUMAN CAPITAL IN KOSOVO

Abstract

Abstract
The labor market in Kosovo requires an internally consistent projection including an indication on the likely impact of macro developments.
It is worth to highlight that the results here are only indicative, and are used only to illustrate the unemployment problem in Kosovo. That is
to say, the focus is on consistency, rather than accuracy. The conclusion is that even at the solid rates of growth, the unemployment
problem in Kosovo will persist in the years to come. At the outset there are described the main variables, and then along with the
assumptions regarding output and labor force a base scenario is built. These are then used to determine a growth rate of employment
consistent with balanced growth, which is to be used to answer policy questions.