The necessity of solving the youth unemployment

Abstract

Situation and trends in the sector of un/employment of workforce are conditioned primarily by global trends, but they also express the content of economic and political measures that are undertaken in each country, both in the field of economic development, as well as in the labor force employment policy. High unemployment, especially of youth, is one of the main economic and social problems, but is also an indicator of the state of the economy. The labor force remains under-utilized development potential, and unemployment of workforce creates numerous social, demographic and political consequences in society. Unemployment is unsustainable for economic and social reasons. This paper points out the necessity of solving unemployment but it also suggests the methods of solving this problem. Thus, by application of the proposed development policy measures, the unused human resources (human capital) are employed.