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Labor Market And Sustainable Development In The Context Of The ‘New Normal’ – Threats And Opportunities

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  • ARDELJAN PATRICIA

    (WEST UNIVERSITY OF TIMISOARA, FACULTY OF ECONOMY AND BUSINESS ADMINISTRATION)

Abstract

The good functioning of the labour market is prerequisite in achieving the goals of sustainable development. In our paper, we present the discrepancies between the demands for a good functioning of EU labour markets, which means low unemployment rates, inclusiveness, and higher equity, all in the context of achieving the goals of sustainable development and of the Green Deal, while new threats and opportunities emerge because of the pandemic outbreak. The slight recovery of the jobs’ market after the economic-financial crisis is threatened by the current pandemic We suggest that the ‘new normal’ might be an opportunity for turning by putting in place better policies and deepening labour market reforms, that the current concern-rising market segmentation could be turned into an opportunity for creating new jobs. This involves better coordination and cooperation between public and private stakeholders in creating targeted frameworks for addressing specific issues identified over the post-crisis period, and initiating new flexible approaches for encouraging the return to work for all categories of individuals active on the labour market.

Suggested Citation

  • Ardeljan Patricia, 2020. "Labor Market And Sustainable Development In The Context Of The ‘New Normal’ – Threats And Opportunities," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 238-246, October.
    • Handle: RePEc:cbu:jrnlec:y:2020:v:5:p:238-246
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