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Unemployment – The Global Issue of Contemporary World Economy

Author

Listed:
  • Vidraºcu Paula – Angela

    (Academy of Economic Studies, Bucharest, Romania)

  • Iacob Oana Camelia

    (Valahia University, Târgoviºte, Romania)

  • Volintiru Ana-Maria

    (Valahia University, Târgoviºte, Romania)

Abstract

The present work comes in support of delimitation, identifying and solving complex problems arising from the implementation of the global economy. Unemployment is a contemporary economic phenomenon increasingly spread due to a complex and comprehensive in nature, affecting the economic, social, political, psychological and moral development. It represents a negative state of the economy that indicates not using a part of the workforce employed. This study has a special role both in the short term and long term, through the analysis of the occurrence, development and interpretation of the evolution of the unemployment rate. Despite deepening the economic interdependence and increasing globalization, we can help improving the quality of contemporary economic life.

Suggested Citation

  • Vidraºcu Paula – Angela & Iacob Oana Camelia & Volintiru Ana-Maria, 2013. "Unemployment – The Global Issue of Contemporary World Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 673-677, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:673-677
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    Keywords

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    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
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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