IMPLICATIONS OF THE CURRENT CRISIS ON LABOR MARKET IN ROMANIA

Mirela Ionela Aceleanu
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Mirela Ionela Aceleanu: Bucharest Academy of Economic Studies

Theoretical and Applied Economics, 2009, vol. 12(541)(supplement), issue 12(541)(supplement), 290-295

Abstract: Global markets and transnational companies tend to be reflected in an open global market. The more so, in these conditions, economic and financial developments in a country influence and are influenced by developments in other countries. Romania's labor market is affected by the current economic and financial crisis, which is manifested by the rising unemployment as a result of reducing the volume of activity of many businesses. That is why, overcoming the crisis calls for measures and policies aimed at creating new jobs and taking into account the trends in the country's aging population, migration of young specialists, temporary leave to work abroad.

Keywords: financial crisis; unemployment; work abroad; active employment policies. (search for similar items in EconPapers)
Date: 2009
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