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Labor Issues During The Economic Crisis

Author

Listed:
  • Burghelea Cristina

    (Hyperion University, Bucharest, Romania)

  • Gheorghiu Anda

    (Hyperion University, Bucharest, Romania)

  • Aceleanu Mirela Ionela

    (The Bucharest Academy of Economic Studies, Romania)

  • Gheorghiu Anca

    (Hyperion University, Bucharest, Romania)

Abstract

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.

Suggested Citation

  • Burghelea Cristina & Gheorghiu Anda & Aceleanu Mirela Ionela & Gheorghiu Anca, 2014. "Labor Issues During The Economic Crisis," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 33(1), pages 37-44, March.
    • Handle: RePEc:ath:journl:v:33:y:2014:i:1:p:37-44
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