Unemployment in Serbia has been going down even though economic growth has been slow. By looking at data from 2008 to 2019, researchers found that when the economy grows by 1%, unemployment goes down by 4.74%. But if the economy shrinks by 1%, unemployment only goes up by 1.52%. This shows that there is a strong connection between economic growth and unemployment in Serbia, especially driven by domestic demand like private and government spending on services, agriculture, and industry.