Youth Employment Action Plan 2010-2013

Over the last several years, growing political attention has been given to youth employment in Albania, where the difficulties young people face in entering and remaining in the labour market are compounded by the additional burden of large numbers of young people who are engaged in the informal economy. Youth unemployment, underemployment and informality impose heavy costs on Albania. Long unemployment spells early in life and extended periods in the informal economy affect the prospects of young people to secure a career job and a decent wage. High percentages of unemployed youth mean that investments in education and training are wasted, that there is a reduced taxation base and higher welfare costs.