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The Impact Of Unemployment On Economic Growth In Romania, During The Crisis

  • Lavinia Stefania TOTAN

    (Academy of Economic Studies, Bucharest)

  • Barbu Bogdan POPESCU

    (Academy of Economic Studies, Bucharest)

  • Silvia Elena CRISTACHE

    (Academy of Economic Studies, Bucharest)

Registered author(s):

    The paper identifies the main factors that influence unemployment in Romania based on achieving an econometric model. In terms of the labor market, unemployment is a macroeconomic employment opposite, representing a surplus working population relative to the population likely to be engaged in viable conditions imposed by the market. Unemployment became a problem, with industrial development, since the second half of the eighteenth century, in times of recession, when industrial companies shrinking their production and, therefore, issued a significant number of workers who became unemployed . In Romania, unemployment has its origin in part, and changes in the structure of the national economy, the criterion of efficiency, in order to adapt to the competitive environment.

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    Article provided by Romanian Statistical Review in its journal Romanian Statistical Review.

    Volume (Year): 61 (2013)
    Issue (Month): 6 (July)
    Pages: 32-40

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    Handle: RePEc:rsr:journl:v:61:y:2013:i:6:p:32-40
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