LABOUR MARKET INSERTION OF YOUNG PEOPLE IN SOUTH-WEST OLTENIA DEVELOPMENT REGION

Mariana Balan and Raluca Iorgulescu
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Mariana Balan: INSTITUTE FOR ECONOMIC FORECASTING-NIER,ROMANIAN ACADEMY, ATHENAEUM UNIVERSITY, ROMANIA

Annals - Economy Series, 2013, vol. 4, 12-20

Abstract: For young people, the transition from education to employment is an important process. This process can vary significantly among different countries and national systems depending on the duration and nature of the transition, the level and persistence of youth unemployment, on the types of jobs and contracts obtained by young people. Young people’s decision to either enter the labor market and become economically active or to further their education depends on many factors including: their motivation to continue studying, the financial means at their disposal, cultural motivation, the general socio-economic context and labor market situation. In Romania, in the last decade, employment rate for young people decreased; in 2011 it reached 23.8% (4.9 percentage points less than in 2000, and 1 percentage point lower compared to 2008 ). Analysis of youth employment rates by region shows significant regional discrepancies. The economic downturn has resulted in a more pronounced reduction in the employment rate of young women compared to same age men. This paper presents a brief characterization of the labor market in South-West Oltenia Region compared to the labor market in other Romanian regions. Key indicators of youth labor market in South-West Oltenia Region and employment rates, unemployment rates by residence and sex disparities are also analyzed.

Keywords: South-West Oltenia Region; employment; unemployment; youth labor market (search for similar items in EconPapers)
Date: 2013
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