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Implications Of The Current Crisis On Labor Market In Romania

Author

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  • Mirela Ionela Aceleanu

    (Bucharest Academy of Economic Studies)

Abstract

Global markets and transnational companies tend to be reflected in an open global market. The more so, in these conditions, economic and financial developments in a country influence and are influenced by developments in other countries. Romania's labor market is affected by the current economic and financial crisis, which is manifested by the rising unemployment as a result of reducing the volume of activity of many businesses. That is why, overcoming the crisis calls for measures and policies aimed at creating new jobs and taking into account the trends in the country's aging population, migration of young specialists, temporary leave to work abroad.

Suggested Citation

  • Mirela Ionela Aceleanu, 2009. "Implications Of The Current Crisis On Labor Market In Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 12(12(541)(s), pages 290-295, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:290-295
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