ANALYSIS OF THE DIFFERENT MEASURES TAKEN BY THE EUROPEAN UNION AND ROMANIA TO CONTRACT THE EFFECTS OF COVID ON THE LABOR MARKET
Brindusa Radu
Internal Auditing and Risk Management, 2020, vol. 58, issue 2, 9-21
Abstract:
The spread of COVID-19 and the drastic blockages that followed led to the placement of economies and labor markets around the world in a state of emergency. Governments are fighting to protect jobs and businesses. Some of the measures identified and implemented are short-term telework and support for companies and the self-employed. The epidemic caused by coronavirus poses a threat to the European economy and to the living standards of its citizens. In the short term, this means an extreme disruption of citizens and labor markets, as countries impose travel restrictions and blockages at the national level to slow the spread of the virus and prevent overwhelming health services. Governments need to find great ways to protect workers and their economies from financial hardship and potential collapse (Sohrabi et al., 2020). The recession seems inevitable. Citizens themselves also face exceptional limitations on their movements, which could have overwhelming effects on their health and well-being. But the full effects of the crisis are still unknown and could last for many years.
Keywords: Labor market; COVID-19; measures (search for similar items in EconPapers)
JEL-codes: J20 J28 J29 (search for similar items in EconPapers)
Date: 2020
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://aimr.univath.ro/download/1224_001BMR.pdf (application/pdf)
http://aimr.univath.ro/en/article/ANALYSIS-OF-THE- ... BOR-MARKET~1224.html (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:v:58:y:2020:i:2:p:9-21
Access Statistics for this article
Internal Auditing and Risk Management is currently edited by Emilia Vasile
More articles in Internal Auditing and Risk Management from Athenaeum University of Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Cosmin Catalin Olteanu and Emilia Vasile ().