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Unemployment, a Phenomenon of Global Imbalance. The Evolution in Romania in the Last 20 Years


  • Balan Ana Maria

    () („Alexandru Ioan Cuza” University of Iasi)


Unemployment is one of the negative phenomenon which occur with great intensity during the transition. It is encountered in any economy; in our country, the unemployment have reached high proportions. As a global macro-flow, unemployment is generated by cases dealing with the economic situation of users, on the one hand, and social status of job bidders, on the other side. The purpose of this article is to highlight the features of unemployment, the phenomenon existing in any global economy; also the paper aims to reveal the indicators that characterize this phenomenon, for example in Romania. Unemployment had became now, after 90 years', an important phenomenon of Romanian society and economy. Following the privatizations of the years after the revolution and restructuring of the industry, had been created a large imbalance between supply and demand of jobs.

Suggested Citation

  • Balan Ana Maria, 2011. "Unemployment, a Phenomenon of Global Imbalance. The Evolution in Romania in the Last 20 Years," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 153-158, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:153-158

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    unemployment; policies; measurement indicators; imbalance; unemployment rate.;

    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
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure


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