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Regional Labor Market Issues in Romania – Symmetry and Inflection Points Based Socio-Economic Factors

Author

Listed:
  • Bogdan-Cristian CHIRIPUCI

    (Bucharest University of Economic Studies)

  • Marius CONSTANTIN

    (Bucharest University of Economic Studies)

  • Elena Mădălina DEACONU

    (Bucharest University of Economic Studies)

  • Albert SCRIECIU

    (National Institute of Marine Geology and Geoecology)

Abstract

The Romanian labor market shows the signs of many regional issues, especially those that involve economic factors. Disparities generate forms of interregional symmetry, approached through the lens of poor socio-economic performance. The Romanian economy has rapidly adapted to the open European labor market, which, on the one hand, has brought many benefits to the Romanian employees who migrated to other European countries, while, on the other hand, this process has caused serious deficits of the labor force in some Romanian economic sectors of activity. In this regard, this study brings its contribution to the literature with a statistical analysis conducted on the symmetry and inflections points in the case of three Romanian development regions: South-East region, South-West Oltenia and North-West region. Results show that these regions face similar labor market issues up to a certain degree – the identified inflection point deals with two economic sectors that had to suffer the most: the public administration and the defense sectors.

Suggested Citation

  • Bogdan-Cristian CHIRIPUCI & Marius CONSTANTIN & Elena Mădălina DEACONU & Albert SCRIECIU, 2021. "Regional Labor Market Issues in Romania – Symmetry and Inflection Points Based Socio-Economic Factors," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 22(2), pages 170-179, May.
    • Handle: RePEc:rom:rmcimn:v:22:y:2021:i:2:p:170-179
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    References listed on IDEAS

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    1. repec:ilo:ilowps:446712 is not listed on IDEAS
    2. Emana, Bezabih., 2009. "Cooperatives : a path to economic and social empowerment in Ethiopia," ILO Working Papers 994467123402676, International Labour Organization.
    3. Bezabih Emana., 2009. "Cooperatives a path to economic and social empowerment in Ethiopia," ILO Working Papers 995017193202676, International Labour Organization.
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    More about this item

    Keywords

    labor market; vacancy; unemployment; development regions.;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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