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LABOUR MARKET VULNERABILITIES IN ROMANIA DURING THE POST- CRISIS PERIOD

Carmen Uzlau (), Mariana Balan () and Corina Ene
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Carmen Uzlau: Hyperion University, Bucharest, Romania
Mariana Balan: Institute for Economic Forecasting, Romanian Academy

Internal Auditing and Risk Management, 2017, vol. 46, issue 2, 12-27

Abstract: After eight or nine years since the outbreak of the financial and economic crisis, the world economy entered into a stage of slight economic growth which continues to be much under the values recorded in the pre-crisis period and is much too slow for solving the issues created by it on the labour market. These developments have intensified existing vulnerabilities on the labour market, and making harder the efforts to diminish unemployment and under-employment of the labour force, at least up to the level preceding the crisis in the majority of countries. The vulnerable groups on the labour market have as dominant characteristics the heterogeneity of the group and the fact that its members share, perhaps, just the involuntary character of their current statute (Atkinson, 2000). Labour market vulnerabilities may be associated with regional factors, or economic ones, with the particularities of the local labour market, or with the specifics of economic agents’ management and, last but not least, with individual or social traits (gender, ethnicity, disability, age, area or residence, etc.). The paper presents a brief comparative analysis of the labour market vulnerabilities from Romania.

Keywords: labour market; vulnerabilities; employment rate; unemployment; migration; inequalities; informal labour market (search for similar items in EconPapers)
JEL-codes: E24 J21 J23 J61 J62 J81 (search for similar items in EconPapers)
Date: 2017
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