YOUTH 2020 - The position of young people in Slovenia

130 Otherwise, although official data for Slovenia show a decline in youth unemployment, the self-reported unemployment rate does not follow this data and is at the same time more than 180% higher than the Labour Force Survey (LFS)-based unemployment rate. Although official data for Slovenia show a decline in youth unemployment, the self-reported unemployment rate does not follow this data and is almost three times higher than the officially recorded unemployment rate. In this respect, the existence of so-called “invisible unemployment” is evident. And while it is to be expected that the use of different methodological approaches leads to different results, it is nevertheless relevant to say that the LFSmethodology contradicts the common understanding of un- employment, as it defines an unemployed person as someone “who has not done any work for pay (in money or goods), profit or family welfare in the week (Monday to Sunday) preceding the interview, but who has been actively looking for work in the last four weeks and is willing to be em- ployed within two weeks. Those who have already found a job and will start working after the survey are also considered as unemployed.” Reg- istered unemployment is therefore slightly more meaningful, although it still does not take into account the fact that many unemployed people do not register at all (or simply opt out). It can therefore be concluded that the unemployment rate as defined by the present survey is probably closer to “reality”, as it is based on self-per- ception, namely those who see themselves as unemployed are unem- ployed. This means that only a good third of young people aged 15-24 who are not in an educational or training programme have a stable job. All the rest are either unemployed or in unstable employment. It is not insignificant that analyses show that unemployed or precarious workers tend to feel less healthy, to be less satisfied with their lives and with de- mocracy, to be more willing to emigrate and to choose parenthood later in life (Klanjšek, 2018; see also Srnicek and Williams, 2015).