Online article: Labor Market Outcomes in Montenegro

Online article: Labor Market Outcomes in Montenegro: Challenges and Policy Options by International Monetary Fund

This study provides a set of explanations to understand the observed labor market outcomes in Montenegro, which are weak by European standards. After providing stylized facts for the inactivity rate, (long-term) unemployment rate, and informal employment, this study presents a discussion covering the following dimensions: (i) level of employment protection; (ii) level of labor taxation; (iii) pace of wage growth, including the minimum wage; and (iv) non-employment income support and activation policies. Read more