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The Importance Of Human Resources On Romania's Labor Market

Author

Listed:
  • Irina-Elena Chirtoc

    (“Constantin Brâncuşi” University of Tg-Jiu, Romania)

Abstract

An increasingly important role in economic activity has the human resources. These are represented of population, also planning and management of such resources are extremely important, almost as important as raw materials and energy resources. Without people, any activity of exploitation of deposits is not possible, as otherwise there can be not possible any economic action or otherwise. The labor market in Romania has undergone significant changes in the process of economic transition, manifested by reducing the active and occupied people, by maintaining relatively steady unemployment rate and increasing youth unemployment and the long term unemployment, being affected mainly by the limited capacity of creation new jobs. In parallel with the reduction in employment people, it occurred significant changes in employment structure by sectors, industries, regions, types of ownership, age and occupational status.

Suggested Citation

  • Irina-Elena Chirtoc, 2010. "The Importance Of Human Resources On Romania's Labor Market," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 10(1), pages 51-58.
  • Handle: RePEc:pet:annals:v:10:y:2010:i:1:p:51-58
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    More about this item

    Keywords

    labor market; employment; unemployment rate; work resources; employment rate;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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