THE STUDY OF THE IMPACT OF ACTIVE MEASURES ON LABOUR MARKET BY FACTOR TECHNIQUES

Mariana Nicolae-Balan ()

Internal Auditing and Risk Management, 2015, vol. 37, issue 1, 1-12

Abstract: If before the outbreak of the great recession in the year 2008 the European labour markets were added almost 30 million new jobs, during the crisis the same markets eliminated six million jobs, and unemployment reached a peak of 11% in 2013, the highest rate in more than a decade.At European level, even though political and economic decision factors took firm measures for alleviating the negative effects of the economic crisis, many economies are still faced with the actual perspective of an extended period of tempered economic growth or even economic decline. The employment of vulnerable labour force and employed population poverty are very important issues needing to be tackled and solved. The statistical methods and techniques of quantification, the factor analysis for estimating and testing are both represented by a wide and varied multitude of procedures and statistic-mathematical instruments. For deepened analysis of the impact of adopting active measures on the evolution of the main macroeconomic indicators which highlight the employment of labour force, the paper used the method of principal components

Keywords: active measures; employment; unemployment; principal components method (search for similar items in EconPapers)
JEL-codes: C15 C49 J21 J64 (search for similar items in EconPapers)
Date: 2015
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