Romania’s Labor Market Prospects: Indicators for 2010 – 2020 and Estimates for 2030

Dana Ichim Somogyi ()
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Dana Ichim Somogyi: University of Oradea

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 2, 347-354

Abstract: For an adequate view over the Romanian labour market statistical data was explored, data sets published by INS Romania, EUROSTAT and CEDEFOP. On the topic of the future of the labor market, the interdependent dimensions of future work the number of available and the quality of occupations, discrepancy among the remunerations, social protection, employment relations and social communication. Data collection by economical active citizens - employment and unemployment rate underlined a low employment rate due to high number of inactive people, mismatched priority occupations, low qualifications and lack of needed skills for the job. The data collection considering forecast of the future work by occupations, economy sectors, job openings identified the same issues. Millions of jobs are transformed or jeopardized as a result of automation implementation. Other types of professions are created, and the routine assignments are taken over by artificial intelligence. The new careers request non-cognitive and digital capabilities.

Keywords: labour market; mismatch; skills; employment growth (search for similar items in EconPapers)
JEL-codes: E24 J21 J23 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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