PERMANENT UNEMPLOYMENT, A REFLECTION OF CHANGING THE BASIC STRUCTURE OF ECONOMIC ACTIVITIES

Constantin Duguleană ()

CrossCultural Management Journal, 2014, issue 2, 297-304

Abstract: The analysis of labour market in an economy emphasizes the linkage between the unemployment level and the economy structure with its organization and leading mode, and the context of its growth and development. Numerous empirical analyses of unemployment show that a significant part of its level cannot be explained by the oscillations of overall economic activity, on short term. The structural unemployment and that determined by the transparency level are causes of existence of a permanent unemployment. The paper analyzes the process of jobs creation simultaneously with job destruction and emphasizes how the structure of economic activities suffer positive or negative changes during economic cycle.

Keywords: Natural rate of unemployment; Job creation condition; Potential gdp (search for similar items in EconPapers)
JEL-codes: E24 J21 J23 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:journl:y:2014:i:6:p:297-304

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