29.10.2021

THE NUMBER OF UNEMPLOYED YOUNG PEOPLE HAS DROPPED NEARLY TWICE A YEAR

Unemployed youth have decreased by 40% in one year. In September, 16,990 people under the age of 29 were registered at employment offices, which is 11,553 less than in the same month in 2020, according to statistics from the Employment Agency.

The data show that the number of unemployed young people is declining both among graduates and those with secondary and primary or lower education. For young graduates the decrease is by 33% - to 2258, and for high school graduates - by 14.2%. On an annual basis, the number of young people with primary and lower education decreased the most - by 56%.

Nearly two thirds of the unemployed under the age of 29 are without qualifications and specialties. Compared to September last year, their number has decreased by nearly 47%. Every second unemployed young person manages to find a job within 4 months after registering with a labor office. However, 2,738 young people are permanently unemployed and have been looking for an employer for more than 12 months. Their number decreases by 20% on an annual basis.

In September, 4,224 unemployed young people registered at the labor exchange. Compared to August, their number increased by 6.8%, but on an annual basis decreased by over 27%.

In the period January - September 2021, 30,111 unemployed young people started working. 19,553 of them were employed in the real economy, and 10,578 began working on programs and measures for subsidized employment, funded by the European Union and the state budget. 961 young people have started training to become more competitive in the labor market.