IMPACT OF LABOR MARKET DYNAMICS ON THE RAILWAY TRANSPORT IN SERBIA: CURRENT DEVELOPMENT AND FUTURE PERSPECTIVES.

The paper aims at investigating the impact of the labor market on the railway transport in Serbia, as the World Bank Group report on labor market in Western Balkans was used to consider the comparison data with which the relevant data and information from the Republic of Serbia can be compared. The study methodology is based on the Statistical Office of the Republic of Serbia (SORS), “Labor Force Study”, which is the most complex and the only internationally comparable instrument for labor trends monitoring, registering demographic and socio-economic characteristics of population aged 15 and over. The main aim of the study is estimating the labor force volume, i.e. employed and unemployed population, where employment relates to work in both formal and informal sectors and its impact on railway transport in Serbia. The study results, which include data on employment / unemployment rate for the period 2017-2022 were used to take the stock of the current situation on the labor market in Serbia and it shows dynamic changes and their considerable impact on the railway transport in Serbia. [ABSTRACT FROM AUTHOR]