(Brcko, June 14, 2021) “Almost 50 percent of respondents said they expect growth in business volume and financial results in 2021, and 17 percent of them plan to increase salaries to workers”, is one of the conclusions of the labor market research in the Brčko District of BiH 2020/2021, which was conducted in January 2021. In the research conducted by the Brcko District Employment Institute, with the technical support of the project “Improving Labor Market Research” funded by the European Union, 219 employers participated who at the time of the survey had 1723 employees.
“This research provides an overview of the situation at the beginning of 2021. In the future, it will serve as a starting point for policy making and monitoring of changes and trends in the labor market”, said Ranko Markuš. The results show that more than 40 percent of respondents had a decline and stagnation in business volume in 2020, which was equally reflected in their financial balance sheets, as well as employment potential. Nevertheless, recovery trends are present in the District.
“In addition to announcing the financial recovery, the largest percentage of employers do not plan to hire new workers in 2021. Only a quarter of them, mostly in the field of trade, processing industry and construction, have new jobs planned”, said the director of the Brcko District Employment Institute of BiH, Tamara Duvnjak-Mitrovic. In the Brcko District, there is a particularly affirmative environment for the employment of young people without work experience, which shows the justification of the Institute’s policies to help young people integrate into the labor market through targeted programs.
The survey also found that 76 percent of employers did not change the number of employees in the previous year, and that as many as 93.6 percent of employers do not plan to lay off workers in 2021. It is interesting that as many as 97.7 percent of employers are satisfied with the quality of qualifications, professional knowledge and skills of workers who have had the opportunity to hire so far.
Total value of the project «Improving Labour Market Research» is 1,282,500 EUR of European Union grants. The project is implemented by international consortium NIRAS, GOPA and Public Employment Service of Republic of France from September 1, 2020 till September 1, 2022.