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Labor Market In Romania Between Present And Future

Author

Listed:
  • FLOREA IANC MARIA MIRABELA

    (UNIVERSITY CONSTANTIN BRANCUSI FACULTY OF ECONOMICS , ROMANIA)

Abstract

The current economic crisis, cataloged by most economists as the worst recession of 1933, makes most of the population can not enjoy a decent standard of living and appropriate working conditions. The most serious implication that the economic crisis has on the labor market is the rising unemployment and underemployment rate increase default. The number of unemployed in Romania could increase at any time due to the economic restructuring of the country and the availability of immigrants from the Community, Romania is one of the major exporters of labor. In this time of crisis in the face of Romanian economy appears that a particular problem are twofold. It is, on the one hand, an effective demand for labor insufficient structurally that will lead in the future to under-utilization of production equipment, and on the other hand, a substitution of labor imposed by technical progress, which will lead to increased unemployment

Suggested Citation

  • Florea Ianc Maria Mirabela, 2016. "Labor Market In Romania Between Present And Future," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 122-125, December.
    • Handle: RePEc:cbu:jrnlec:y:2016:v:2special:p:122-125
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