Informal employment in Albania at a stunning 40%: World Bank estimation

In Albania, employment informality continues to be a widespread problem.

The World Bank estimates that this rate in the country is approximately 40%.

In addition, Albania in this regard holds the first place in the region, with a considerable margin to the closest pursuit.

As it is apparent from the chart, after Albania comes Serbia with an employment informality rate at just over 20%, ie almost half of the rate reported in the country.

World Bank data refer to last year, the period when it has also spent most of the government’s action to formalize jobs.

Such a rate of proliferation in the black employment indicates that the efforts were not at all sufficient, or that, before the action, the phenomenon had a convincing wider reach than the preliminary estimates.

According to the World Bank, in 2014, black jobs accounted for just over 50% of total jobs in the country.

Other data, meanwhile, show that the age group most likely to work informally in the country is between 15 and 24, with a rate of 50%.

This means that, in Albania, one in two young people actually works in black.

SCAN

*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.