Correlations between Labor Employment and Economic Growth

Sfichi Elena Daniela and Bratiloveanu Alina
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Sfichi Elena Daniela: “Valahia†University in Targoviste,
Bratiloveanu Alina: Doctoral School of Economics and Humanities

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 1, 242-247

Abstract: The main objectives of macroeconomic policy for most governments are: a high level of labouremployment, price stability and high rate of economic growth. As far as I walk in life, I learnsomething new, everywhere I go, I find something that fascinates me. This is why this subject hasan influence over me, I wonder every day why people find a job to maintain with such difficulty andwhy they are so lazy when they hear about work. This type of behaviour leads to a huge increase ofunemployment, because people leave their courage under an invisible line and create a fakepersonality where they hide saying that they can’t do what society wants. In case that increasinginflation is obvious, unemployment is decreasing and people are trying to find something to do, towork, because inflation also leads to some actions which affect directly the unemployed ones.

Keywords: wage policy; unemployment; monetary policy; public policy; declining wages (search for similar items in EconPapers)
JEL-codes: E20 E24 (search for similar items in EconPapers)
Date: 2017
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