ROMANIA’S JOB MARKET: TRENDS IN JOB OPPORTUNITIES, EDUCATIONAL REQUIREMENTS AND INDUSTRY NEEDS

Andrei Zegrean () and Mădălina Vrabie ()
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Andrei Zegrean: Bucharest University of Economic Studies, Bucharest, Romania
Mădălina Vrabie: Bucharest University of Economic Studies, Bucharest, Romania

Business Excellence and Management, 2024, vol. 14, issue 4, 76-87

Abstract: The supply of labor is the primary asset of the economy and the ability to adjust to the challenges of advancing technologies. This study looked into 9,768 job postings for 29,000 open positions in 3,451 companies. The results reveal that the sectoral distribution of job opportunities is headed by Retail & Commerce, with 27.13% of all open positions, underpinning the consumer-driven economy of Romania. The analysis reveals a relatively low level of part-time and project-based open positions and internships, which are even less so, signifying a low requirement for alternative employment structures. More interestingly, educational requirements represent a wide spectrum of opportunities for candidates with varied qualifications. Graduates represent 45.48% of open positions, underlining the demand for higher education in technical and professional areas. However, students have a fair share of accessible opportunities, at 27.85%, and 54.89% for candidates with no qualifications, reflecting the reality that many industries will value experience and on-site learning more than formal qualification.

Keywords: Job market; Job opportunities; Educational requirements; Industry needs (search for similar items in EconPapers)
Date: 2024
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