Problems of the labor market: A case study of Belgrade

Abstract

High unemployment accompanied by a decline in production is one of the major economic and social problems in Serbia. The existing economic problems, which are defined by structural mismatch, non-competitive production and traditional means of production is accompanied by an increase in the problem of poverty, due to the participation of elderly and dependent persons, a decline in the number of employees. Markets are a way to organize economic activity and can only be successful if the activities are organized in a way that enhances the overall economic benefit. If this does not happen, there is a market failure which is the situation in which the market alone fails to achieve full efficiency. Taking into account of territorial disparities in economic potentials of development, the aim of the paper is to point out the problems facing the labor market in Belgrade. The author tried to show the basic characteristics of Belgrade during his work, as well as economic, traffic and market a significant city in Southeastern Europe. The effects, instruments and benefits of market policy and alternatives to overcome existing constraints, opportunities and solutions are presented. Activities to improve the productivity and quality of work must be planned according to the expected changes in the economic structure, according to the greater involvement of Belgrade in the European and regional economic integration, and with optimal use of domestic resources to the comparative advantages of the country.