Application of Economic-Mathematical Models for Assessment of Unemployment of Young People

Atanasova-Pacemska, Tatjana and Mitreva, Elena and Lapevski, Martin (2015) Application of Economic-Mathematical Models for Assessment of Unemployment of Young People. In: SYM OP IS 2015, Proceedings of the XLII International Symposium on Operational Research. Matematički Institut, SANU, Beograd, pp. 610-614. ISBN 978-86-80593-55-5

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The unemployment is a common problem of modern labor markets and developed economies.
Neither country is immune to the problem of unemployment, but they all have different
unemployment rates. The most affected category that most felt the problem of unemployment is the
young population. Reducing the rate of unemployed young people is a long and difficult process. The Republic of Macedonia is a country where the unemployment rate of young people is high. In this paper is analyzed the labor market in the country and the data are collected from the Nacional Institute of Statistics and Employment Agency about the number of unemployed youth in the past 10 years. Based on the data it is made estimation and forecasting for the unemployment trend of young people in Republic of Macedonia in the period from 2004 to 2013.Linear and exponential trend are the models which are used for the analysis. These two models are implemented to gain better insight into the trend of young unemployment in the next years

Item Type: Book Section
Subjects: Natural sciences > Matematics
Divisions: Faculty of Computer Science
Depositing User: Tatjana A. Pacemska
Date Deposited: 24 Nov 2015 09:23
Last Modified: 24 Nov 2015 09:25

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