LABOR MARKET AND SUSTAINABLE DEVELOPMENT IN THE CONTEXT OF THE ‘NEW NORMAL’ – THREATS AND OPPORTUNITIES

Ardeljan Patricia
Additional contact information
Ardeljan Patricia: WEST UNIVERSITY OF TIMISOARA, FACULTY OF ECONOMY AND BUSINESS ADMINISTRATION

Annals - Economy Series, 2020, vol. 5, 238-246

Abstract: The good functioning of the labour market is prerequisite in achieving the goals of sustainable development. In our paper, we present the discrepancies between the demands for a good functioning of EU labour markets, which means low unemployment rates, inclusiveness, and higher equity, all in the context of achieving the goals of sustainable development and of the Green Deal, while new threats and opportunities emerge because of the pandemic outbreak. The slight recovery of the jobs’ market after the economic-financial crisis is threatened by the current pandemic We suggest that the ‘new normal’ might be an opportunity for turning by putting in place better policies and deepening labour market reforms, that the current concern-rising market segmentation could be turned into an opportunity for creating new jobs. This involves better coordination and cooperation between public and private stakeholders in creating targeted frameworks for addressing specific issues identified over the post-crisis period, and initiating new flexible approaches for encouraging the return to work for all categories of individuals active on the labour market.

Keywords: labour market; employment; unemployment; sustainable development; coordination and cooperation public-private stakeholders; COVID-19 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.utgjiu.ro/revista/ec/pdf/2020-05/28_Ardeljan.pdf (application/pdf)

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:cbu:jrnlec:y:2020:v:5:p:238-246

Access Statistics for this article

More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ( this e-mail address is bad, please contact ).