Unemployment in Bosnia 'peace threat'

About 25 % working-age people in Bosnia are unemployed.

Unemployment in Bosnia 'peace threat'
World Bulletin / News Desk
More than one in four young adults in Bosnia are unemployed, a figure which World Bank director for South East Europe (SEE) Ellen Goldstein finds "stunning and problematic."
Speaking at the Bosnian Council of of Ministers on Thursday at the opening of a World Bank conference to discuss the rate of unemployment in the country, Goldstein pointed out that the most alarming aspect is that youth unemployment is "twice as high than among the middle-aged."

This threat must be solved in order to ensure the peaceful and progressive future for people in Bosnia, Goldstein said.

Low rate of participation of workers in the labor market represents a threat to peace in Bosnia, said Goldstein. She added that the World Bank has recorded a slight increase in employment in the country in the past year, but it is reduced due to constant political problems in the country.

"The World Bank is ready and willing to help and give budgetary support which is linked to the reform of the business environment and the labor market," concluded Goldstein.

Last Mod: 30 Ocak 2014, 15:38
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