35 minutes agoCOVID-19 Pandemia left more than 37 thousand Kosovars without jobs
Periskopi(6 years ago)
(6 years ago)The GAP Institute has analysed the early impact of the COVID-19 pandemic on the labour market, as well as the impact of the government's intervention measures on easing unemployment risks. This report shows how the spread of pandemic in Kosovo, coupled with limiting citizens' movement and closing many business activities, had an impact [...]
The GAP Institute has analysed the early impact of the COVID-19 pandemic on the labour market, as well as the impact of the government's intervention measures on easing unemployment risks.
This report shows how the spread of pandemic in Kosovo, coupled with restricting citizens' movement and closing many business activities, had an immediate impact on the labour market.
According to GAP, a total of 32,377 new job seekers were registered in April alone, causing the total number of job seekers at the Employment Agency to run to 37,392 in the first four months of 2020. A large part of them (16,820) are women. Given the very low share of women's economic activity and other employment barriers, the unemployment rate among women may increase even more.
The data from the Kosovo Tax Administration shows that industries which employ mostly workers in Kosovo -- the majority and retail trade, construction and processing industry -- marked a major decline in workers during the January-March 2020 period. While about 80 thousand people worked in the majority and retail industry in March 2019, in March 2020 that number dropped to about 43 thousand. Even the number of contributors to the Kosovo Pension Fund (Trust) has marked a reduction of around 20% in most Kosovo municipalities”, the GAP report says.
GAP has further analysed that despite the easing of restrictive measures and the gradual opening of business activities, the report concludes that the labour market cannot return immediately to the pre-pandem situation. That is because not all economic activities that will be opened will have the same demand for offering goods or services, and because the post-pandemia world may require new economic activities and services, which require new skills.
Therefore, without a comprehensive economic recovery plan, the number of job-free could increase even more in the months ahead, the GAP report said.
You can find the full report attached to this email or clicking Here..
