Impact of the COVID-19 Pandemic on the Romanian Labor Market

Carmen Valentina Radulescu, Georgiana-Raluca Ladaru, Sorin Burlacu, Florentina Constantin, Corina Ioanăș and Ionut Laurentiu Petre
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Carmen Valentina Radulescu: The Department of Agrifood and Environmental Economics, Bucharest University of Economic Studies, 010374 Bucharest, Romania
Georgiana-Raluca Ladaru: The Department of Agrifood and Environmental Economics, Bucharest University of Economic Studies, 010374 Bucharest, Romania
Florentina Constantin: The Department of Agrifood and Environmental Economics, Bucharest University of Economic Studies, 010374 Bucharest, Romania
Corina Ioanăș: The Department of Accounting and Audit, Bucharest University of Economic Studies, 010374 Bucharest, Romania
Ionut Laurentiu Petre: Doctoral School of Economics II, Bucharest University of Economic Studies, 010374 Bucharest, Romania

Sustainability, 2020, vol. 13, issue 1, 1-23

Abstract: The present research aims to establish the impact that the current crisis situation the planet is facing, namely the COVID-19 pandemic, has had so far on the Romanian labor force market. In this context, given the lack of information and information regarding this pandemic and its effects, the administration of a questionnaire among the population was considered to identify the research results. The method of semantic differential and the method of ordering the ranks were used for the interpretation of the results. With the help of this questionnaire, it will be possible to answer the question of the research in this study: What are the main effects of the COVID-19 pandemic on the Romanian labor market? The main results showed that the COVID-19 pandemic affected the Romanian workforce; the respondents of the applied questionnaire claimed that they obtained better results and maintained a similar income, but the health crisis also influenced the mentality of employees, with respondents stating that in the event of changing jobs, they would consider it very important for the new employer to ensure the conditions for preventing and combating COVID-19, as well as complex health insurance. However, analyzing at the macroeconomic level, it was found that the COVID-19 pandemic induced an increase in the number of unemployed people in the Romanian labor market.

Keywords: labor market; COVID-19 pandemic; Romanian labor market (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2020:i:1:p:271-:d:470564

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