CAUSES OF UNEMPLOYMENT IN BOSNIA AND HERZEGOVINA

Abstract

Unemployment is a big problem for every economy, especially nowadays, when economic crisis has not bypassed almost any state. This fact is even more expressed in Bosnia and Herzegovina (nearly half of working age population is unemployed), since the economy of this country is on its knees because of war conflicts whose consequences still can be seen every step on the way, even twenty years later. In order to improve current situation, we should start with recovery of stumbled BiH economy as soon as possible, open new or restart devastated factori- es, investigate suspicious privatisation and overall to bring order in country. If growth trend of unemployment becomes continuous, Bosnia and Herzegovina will be faced with more serious consequences (brain drain, criminal increase, disinterest of foreign investors).