Employment in Serbia increased significantly over the last 10 years

The arrival of foreign investors has been crucial in reducing taxes and increasing the number of employers. According to the records of the National Employment Service, there are almost 300,000 fewer unemployed people in Serbia compared to 10 years ago.

The number of registered unemployed people in 2010 was 767,418. In the following five years, that number was reduced by 7,500, and last year, the number of unemployed people registered with the National Employment Service stood at 569,778. In February this year, the number was further reduced to 514,119.

Discover the most important foreign investments in Serbia in 2019: click here!

One of the best examples of employment is the municipality of Indjija, where the unemployment rate is lower than the European average, standing at 3.4%. When another 1,200 new jobs are created in the town in the next two years, the town’s unemployment rate will be reduced to zero.

According to Zoran Martinovic, director of the National Employment Service, this is the first time that the unemployment rate and the employment rate remained almost identical in the fourth quarter compared to the third quarter. The fourth quarter recorded an increase in the unemployment rate due to a decrease in employment in agriculture, construction and seasonal work.

“The increase in economic activity, the arrival of new investors in Serbia and the creation of new jobs, plus the reduction in salary tax, state incentives and successful implementation of active employment policies were the main contributors to the reduction of unemployment”, Martinovic said.

On the other hand, Ljubodrag Savic, professor of the Faculty of Economics in Belgrade, believes that three parameters should be taken into account when discussing the decrease in unemployment – a new methodology for calculating the number of employed and unemployed, the brain drain and the natural decrease in the number of inhabitants.

“These are all quantitative indicators, and although there has been a real decrease, it is to a lesser extent,“ Professor Savic says.

According to him, every person who has worked for at least one hour in the last seven days is considered employed, which is a radically different methodology from the previous one. We cannot overlook the fact that about 30,000 young people leave Serbia every year and that the country’s population currently stands at less than seven million.

The easiest way to get a job today is to have a degree in computer engineering, electrical and commercial engineering, electronics, mechanical engineering and civil engineering with appropriate licenses. There is also work for mathematics, physics and foreign language teachers, anaesthetists, cardiologists, paediatricians, ophthalmologists, gynaecologists, pharmacists, biochemists, financial experts and accountants.

(Vecernje Novosti, 09.03.2020)


This post is also available in: Italiano

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *

scroll to top