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Unemployment in Romania during the crisis

Author

Listed:
  • Sfichi Cristina-Monica

    (Titu Maiorescu University, Bucharest, Romania)

Abstract

Unemployment in Romania during the crisis has increased significantly from 7.2% in March 2008 to 10.1% in March 2010. To cover the debt caused by the economic crisis in Romania, the Government has fired over 100,000 employees, but also in the private sector have been fired over 150,000 workers. To combat unemployment there are 3 methods, but in many cases, these measures do have the effect of increasing the number and intensity of labor market barriers, increasing unemployment.

Suggested Citation

  • Sfichi Cristina-Monica, 2011. "Unemployment in Romania during the crisis," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 1(2), pages 1-11, February.
    • Handle: RePEc:spp:jkmeit:1101
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