The danger of long-term unemployment and measures for its reduction: the case of Croatia*
Predrag Bejaković and
Željko Mrnjavac
Economic Research-Ekonomska Istraživanja, 2018, vol. 31, issue 1, 1837-1850
Abstract:
Long-term unemployment (when a person is jobless for more than 12 months) can have serious negative consequences for the individual, society and its economic system. People who are unemployed for a long-term period find it more difficult to be employed as time goes by. Long-term unemployed persons often have limited employability, due to their low level of educational attainment, loss of skills and the substantial expenditures that are necessary to restore these skills. They also face significantly lower earnings and restricted career prospects. The participation rate of the long-term unemployed in employment programmes is usually very low. The article considers the significance of long-term unemployment in Croatia and measures for its reduction.
Date: 2018
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DOI: 10.1080/1331677X.2018.1521295
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