COVID-19 Pandemia leaves 12,600 young Albanians unemployed

Albanian Statistical Institute data (INSTAT) indicates that in the last quarter of 2020, over 12,000 and 600 people lost their jobs in proportion to the same period in 2019.

At the end of 2020, I NSTAT reported that 264 thousand and 300 young people were employed, while at the end of 2019, 276 thousand and 984 were employed.

Many youths who have lost their jobs have turned to work offices for help. Official data shows that in the fourth three months of 2020, some 5 thousand young people aged 15-29 were registered unemployed at state office.

Other sectoral data suggests that young people who lost their jobs were employed in the tourism-related services and businesses, such as hotels, bars and restaurants. The employment index in these activities marked a decline from 35-50 percent in the last quarter of 2020.

Data from the Labour Force poll showed that over the last quarter of the year, over 37 thousand people, of whom 33 % were young, lost their jobs.

In the first six months of 2020, when the impact of pandemic on the job market was the most sharpened, about 47 thousand people were unemployed, but as the tourist employment season began to revive, even the employment indicators marked for youth in particular. With the end of the tourist season and the return of the pandemic wave, thousands of young people lost their jobs.

Growth in unemployment at the age of 15-29 adversely affects immigration trains rather than high before the pandemic crisis.

An expert study has identified that 70 percent of 20 - year - olds wanted to leave the country in 2018.

This desire to leave the country is higher among young people than in other age groups. The causes relate to a series of social and economic factors”, the study says.

INSTAT reported that last year, 25.5 percent of young people aged 15-24 were not at school or at work.

Research on it “Ries 2018-2019” by the German Institute Friedri ch -Ebert- Stiftung (FES) shows that the potential to migrate to the 15-29-year-old group is about 60 per cent.

The desire of young people to leave the country is higher than in the general population, where, according to the Balkan Barometer, half of those questioned in Albania, indiscriminately, report they would like to live far away from the country last year. /Monitor/