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Employment Trend And Unemployment Issue In Romanian Economy

Author

Listed:
  • MUSCALU Emanoil

    ("Lucian Blaga" University of Sibiu)

  • STANIT Alexandra

    ("Lucian Blaga" University of Sibiu)

Abstract

Employment in Romania faces developments, processes and trends that reflect direct and indirect influences of the national economic system, suggesting that the problems of employment are far from being solved quickly and efficiently. The economic situation triggered changes on the labour market, characterised by employment rates lower than European averages, unemployment rates that had entered on a downward trend but that are now back as an extremely serious problem brought by the economic crisis. The social system is mainly affected by the situation on the labour market, reflected by the evolution of indicators regarding the employment rate and the employment structure by age groups, industries, labour productivity indicators, and those who emphasise the concerns of structural unemployment. Overall, prospects outline minimal changes in the living standards, especially in the current economic context.

Suggested Citation

  • MUSCALU Emanoil & STANIT Alexandra, 2012. "Employment Trend And Unemployment Issue In Romanian Economy," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 63(4-5), pages 46-57.
  • Handle: RePEc:blg:reveco:v:63.4-5:y:2012:i:4-5:p:46-57
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/RE%204-5-63-2012.pdf
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    More about this item

    Keywords

    human resources; sustainable development; work force; employment; unemployment.;
    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

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