EMPLOYMENT TREND AND UNEMPLOYMENT ISSUE IN ROMANIAN ECONOMY

Emanoil Muscalu and Alexandra Stanit
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Emanoil Muscalu: "Lucian Blaga" University of Sibiu
Alexandra Stanit: "Lucian Blaga" University of Sibiu

Revista Economica, 2012, vol. 63.4-5, issue 4-5, 46-57

Abstract: Employment in Romania faces developments, processes and trends that reflect direct and indirect influences of the national economic system, suggesting that the problems of employment are far from being solved quickly and efficiently. The economic situation triggered changes on the labour market, characterised by employment rates lower than European averages, unemployment rates that had entered on a downward trend but that are now back as an extremely serious problem brought by the economic crisis. The social system is mainly affected by the situation on the labour market, reflected by the evolution of indicators regarding the employment rate and the employment structure by age groups, industries, labour productivity indicators, and those who emphasise the concerns of structural unemployment. Overall, prospects outline minimal changes in the living standards, especially in the current economic context.

Keywords: human resources; sustainable development; work force; employment; unemployment. (search for similar items in EconPapers)
JEL-codes: E24 (search for similar items in EconPapers)
Date: 2012
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