Youth Unemployment in Serbia and Albania: Promoting Entrepreneurship as a Way Forward

A great disruption in both economic development and the business environment caused by the COVID-19, provoked a significant effect on youth unemployment. Youth unemployment remains an important problem for Western Balkan countries, along with additional challenges concerning education and business systems brought on by the pandemic. Entrepreneurship is recognized as one of the best solutions for overcoming the stated problem due to its many benefits. It is important to develop entrepreneurship among the young population to improve their economic independence and integrate them into the labor market. This paper discusses the post-Covid state of the unemployment levels, youth unemployment, and entrepreneurship, as possible stepping stones in the Republic of Serbia and the Republic of Albania.