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Commentary On The Amendment Of Unemployment Law

Author

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  • Nicolae Ros

Abstract

Unemployment is an imbalance in the labor market, where supply and demand for labor is greater than labor demand provided by businesses. Essential changes were made to the unemployment law by Law no. 250/2013 amending and supplementing Law no. 76/2002 on the unemployment insurance system and employment stimulation and amending Law no. 116/2002 on preventing and combating social exclusion. Additions to the Law no. 76/2002 cover issues that aligns Romanian legislation to EU regulations regarding the application of social security schemes to employed persons, as well as aspects that facilitates promoting labor market participation of young people at risk of marginalization by standardizing the legislative framework and reduce the number of normative acts applicable.Also, bring new normative acts provisions for graduates of educational institutions, provisions that facilitate labor mobility and facilitate the certification provisions of those persons who have acquired professional skills through informal means. The changes are so informal nature, such as in legislation some definitions as "long term unemployed" or "young at risk of social exclusion" and structural changes that affect operators benefiting from subsidies for hiring unemployed or graduates some forms of education. Law reformulates the categories of persons who can provide optional system of unemployment and introduce a new procedure for calculating the subsidies received by employers and unemployed graduates framing.

Suggested Citation

  • Nicolae Ros, 2015. "Commentary On The Amendment Of Unemployment Law," FIAT IUSTITIA, Dimitrie Cantemir Faculty of Law Cluj Napoca, Romania, vol. 9(2), pages 122-127, October.
  • Handle: RePEc:dcu:journl:v:9:y:2015:i:2:p:122-127
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