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Labor Issues During The Economic Crisis

  • Cristina BURGHELEA

    ()

    (Hyperion University, Bucharest, Romania)

  • Anda GHEORGHIU

    ()

    (Hyperion University, Bucharest, Romania)

  • Mirela Ionela ACELEANU

    ()

    (Bucharest Academy of Economic Studies, Romania)

  • Anca GHEORGHIU

    ()

    (Hyperion University, Bucharest, Romania)

The labor market is a special type of market, whose object of transaction is the labor. In modern economies, workers sell their labor services to holders of capital on the labor market. This article aims to show occupancy in the active population in the period following the economic crisis, as well as the share of youth unemployment. The most notable negative effects of the transition towards a market economy are the massive increase in unemployment and a sharp decrease of income under inflation. The main objective pursued is to avoid damage to the stock of human capital by focusing all energies to sustainable human development.

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Article provided by Athenaeum University of Bucharest in its journal Internal Auditing and Risk Management.

Volume (Year): 1 (2014)
Issue (Month): 33 (March)
Pages: 33-40

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Handle: RePEc:ath:journl:tome:33:v:1:y:2014:i:33:p:33-40
Contact details of provider: Web page: http://www.univath.ro/facultati/facultatea_de_stiinte_economice

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