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Labour Market Vulnerabilities In Romania During The Post- Crisis Period

Author

Listed:
  • Carmen UZLAU

    (Hyperion University, Bucharest, Romania)

  • Mariana BALAN

    (Institute for Economic Forecasting, Romanian Academy)

  • Corina-Maria ENE

    (Hyperion University, Bucharest, Romania)

Abstract

After eight or nine years since the outbreak of the financial and economic crisis, the world economy entered into a stage of slight economic growth which continues to be much under the values recorded in the pre-crisis period and is much too slow for solving the issues created by it on the labour market. These developments have intensified existing vulnerabilities on the labour market, and making harder the efforts to diminish unemployment and under-employment of the labour force, at least up to the level preceding the crisis in the majority of countries. The vulnerable groups on the labour market have as dominant characteristics the heterogeneity of the group and the fact that its members share, perhaps, just the involuntary character of their current statute (Atkinson, 2000). Labour market vulnerabilities may be associated with regional factors, or economic ones, with the particularities of the local labour market, or with the specifics of economic agents’ management and, last but not least, with individual or social traits (gender, ethnicity, disability, age, area or residence, etc.). The paper presents a brief comparative analysis of the labour market vulnerabilities from Romania.

Suggested Citation

  • Carmen UZLAU & Mariana BALAN & Corina-Maria ENE, 2017. "Labour Market Vulnerabilities In Romania During The Post- Crisis Period," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 46(2), pages 12-27, June.
  • Handle: RePEc:ath:journl:v:46:y:2017:i:2:p:12-27
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    labour market; vulnerabilities; employment rate; unemployment; migration; inequalities; informal labour market;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J81 - Labor and Demographic Economics - - Labor Standards - - - Working Conditions

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