THE IMPACT OF THE COVID-19 PANDEMIC IN BOSNIA AND HERZEGOVINA
![THE IMPACT OF THE COVID-19 PANDEMIC IN BOSNIA AND HERZEGOVINA](/files/user/media/634f56fd143bff93ed74f597fbe615d4.jpg)
Prior to the pandemic in 2020, the labour market in Bosnia and Herzegovina had shown signs of improvement with the unemployment rate, based on Labour Force Survey (LFS) data, reaching a historic low. As in the rest of the globe, COVID-19 outbreaks and the containment measures introduced by authorities in Bosnia and Herzegovina have had an adverse impact on the labour market with a corresponding reduction in the number of employed.
Running business operations under the conditions imposed by the COVID-19 pandemic involved a high level of uncertainty, which was not solely dependent on the situation locally but also on the regional and global situation.