Correlation Between Unemployment, Gdp, Employment And Investment

Development and modernization eonomiei country can not be done only in accordance with changes in the labor market, structural changes and employment. The peculiarities of this process derives from the structure of the economy, performance, and hence economic potential, readiness and multiple possibilities for improving labor. The essential condition for ensuring macroeconomic balance and socio-political stability in any society, is employment. It is a complex, dynamic, real interest for both economic and social partners, to present and future has implications on several levels: economic, psychosocial, educational, cultural and political. Currently, the major objective of economic policy of all countries is to increase the employment of labor and diminishing unemployment. The labor market in Romania has a degree of instability corresponding general coordinates of the current economic situation. Romanian citizens have assumed new responsibilities, new roles of social, economic and political, and have used skills and experience in a completely different context, resulting from the convergent action of private initiative, competition and social insecurity. The main problems encountered in the labor market are related to a relatively low participation, particularly from certain social categories of high unemployment among some groups of the population, an internal mobility reduced, a high tax revenues from the use of force labor limited relevance of education to labor market needs and the availability of legal and administrative barriers affecting the operation of companies and therefore job creation. These are causes that reduce employment opportunities for people of working age and contribute to encouraging external migration. In our country, the low level of economic competitiveness has put pressure on labor, generating a substantial tax in the work. The economic model adopted by Romania, based on labor competitiveness in a context where economic growth no longer generates wealth, catalyzed inequalities in the labor market and they have become increasingly visible. Differences in the labor market are clearly identified between urban and rural areas and between certain economic sectors. Globalization catalyst for migration, fundamental rights and freedoms impact on the European labor market and demographic decline have affected the number of unemployed in Romania, with it being affected growth. Tensions on the labor market in Romania including derives from its inefficient management and a noncompliance of supply-demand ratio in terms of skills. Reduced interconnection of labor market institutions (lack of a coherent institutional synergies), a weak correlation between needs and demand in the labor market, with connotations acute in certain regions. We can not talk about the labor market and structural reforms without taking into account the main imbalance that occurs in this market, namely unemployment. One of the main determinants in the analysis of unemployment is the incompatibility between skills available and those demanded by the labor market. Quality of education and job training, the percentage of young people who benefit from this training are factors determining employment young. Unemployment is high in countries where labor is not prepared or qualified.