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Effects of the Crisis on the Labor Market

Guni Claudia Nicoleta ()
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Guni Claudia Nicoleta: “Spiru Haret” University of Constanta

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 2, 320-323

Abstract: Globalised markets and multinational companies tend to be reflected in an open global marked. More so, under these circumstances, economic and financial developments in a country influence and are influenced by developments in other countries. The Romanian labor market is affected by the current economic and financial crisis, which is manifested by rising unemployment rate as a result of reducing the activity of several economic agents. This is exactly why overcoming the crisis implies both measures and policies aimed at creating new jobs and taking into account the trends that can be noticed in our country: an aging population, migration of young specialists, temporarily leaving to work abroad.

Keywords: financial crisis; unemployment; working abroad; active employment policies. (search for similar items in EconPapers)
JEL-codes: E24 J21 J61 (search for similar items in EconPapers)
Date: 2010
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