Unemployment - a multidimensional dilemma of romanian economy in transition

Diana Andreea Mandricel ()
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Diana Andreea Mandricel: University "Titu Maiorescu", Bucharest, Faculty of Economics, Romania

THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, 2012, vol. 21, issue 1, 67-75

Abstract: Unemployment is a macro-economic and social imbalance state that occurs in a state economy, and adversely affect the available working population, they could not ensure a job. According to the findings of the International Labour Organization (ILO) is defined as unemployed anyone who has more than 15 years, is able to work, not work, is able to perform an employee or otherwise and is looking for a job. With contemporary unemployment is considered a major national labor market imbalance between global demand and global supply of labor. Types and causes of unemployment are currently highly controversial. As macro-social phenomenon of the Romanian economy, the most widely accepted causes of unemployment generators are grouped by specialists, in causes of balance and causes of imbalance. Measuring unemployment involves taking into account the intensity and evaluation of its duration. After level reached, unemployment can be expressed in absolute figures by a number of unemployed and by the unemployment rate, relatively. Current statistics considers it’s possible to decrease the unemployment figure from 6.6% in 2011 to 5.8% in 2012. The cost of unemployment in the economy and society is very complex and comprehensive, because it leads to a significant waste of labor resources, it reduces the intensity of economic development and decreases state revenues by increasing spending on social protection and maintenance of the unemployed population, so unemployment population is demoralized. Therefore, to reduce unemployment steady state will have to apply a policy of protection and rational employment of workers by introducing measures for effective management of human resources aimed at the overall economic recovery. Only in this way, it may provide labor flexibility through the adoption of proactive programs, medium and long term prospective. Relevant analysis of the problem of unemployment through the existing economic imbalances leads us to conclude that balanced economic and social development can not necessarily be accompanied by doing away with unemployment, but that it could create the favorable conditions under control

Keywords: unemployment; imbalance; causes; effects; actions; cost (search for similar items in EconPapers)
Date: 2012
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