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Labour market resilience, bottlenecks and spatial mobility in Croatia

Author

Listed:
  • Peter Gladoic HAKANSSON

    (Malmö University, Malmö)

  • Predrag BEJAKOVIC

    (Institute for Public Finance, Zagreb)

Abstract

After the Great Recession, unemployment rose quickly. During 2013-2014, Croatia registered unemployment rates above 17%, which were way over the EU 28 average. Today, Croatia experiences bottlenecks on the labour market: job vacancies are increasingly lacking suitably skilled candidates. Thus, the Croatian labour market adapts poorly to both recession and the booming economy; in other words, the Croatian labour market has a low resilience. An economy with a high labour market resilience can benefit from a booming economy, while an economy in the opposite situation faces wage inflation and loss of competitiveness. This article aims to analyse and discuss the role of

Suggested Citation

  • Peter Gladoic HAKANSSON & Predrag BEJAKOVIC, 2020. "Labour market resilience, bottlenecks and spatial mobility in Croatia," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 11, pages 5-25, December.
    • Handle: RePEc:jes:journl:y:2020:v:11:p:5-25
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    References listed on IDEAS

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