IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i3p1589-d737893.html
   My bibliography  Save this article

Sustainability and Employability in the Time of COVID-19. Youth, Education and Entrepreneurship in EU Countries

Author

Listed:
  • Nicu Gavriluță

    (Department of Sociology and Social Work, “Al.I.Cuza” University of Iași, 700506 Iasi, Romania)

  • Silviu-Petru Grecu

    (Department of Political Sciences, International Relations and n European Studies, “Al.I.Cuza” University of Iași, 700506 Iasi, Romania)

  • Horia Costin Chiriac

    (Department of Communication Sciences and Public Relations, “Al.I.Cuza” University of Iași, 700506 Iasi, Romania)

Abstract

This paper aims to identify several changes in the labor market structure in COVID-19 pandemic times. The context of the research is represented by the influence of the COVID-19 pandemic in the economic field, especially at the labor market level. This difficult situation could generate a negative impact in the sphere of traditional jobs and economic sectors. The main challenge for sustainable development in this new global situation is represented by human sustainability. Related to human sustainability, we emphasized the role played by the labor market and employability in mantling an optimal function at the social and economic level. For measuring the impact of the COVID-19 pandemic in the economic sphere, we used a quantitative design based on descriptive and inferential statistics. The research variables are represented by unemployment rates in the EU-28, employability rates, educational levels, gender, economic growth, labor mobility, material deprivation, economic freedom, and human development indicators. Empirical findings present the situation of a deep economic crisis generated by economic degrowth and by high levels of unemployment rates in the EU-28. Moreover, we have observed several predictors of employability in the new pandemic context as: material deprivation by age (in the field of young people), employment rate by education (tertiary education), and economic freedom. Another important finding is related to the gender perspective. Statistical correlations estimate a positive linear correlation between gender (women) and low rates of employability in the EU-28. All these empirical results could prove valuable for scholars interested in the relations between employability and sustainability and for political decision makers involved in the effort of reducing the negative effects of the COVID-19 pandemic within national and trans-national economic systems.

Suggested Citation

  • Nicu Gavriluță & Silviu-Petru Grecu & Horia Costin Chiriac, 2022. "Sustainability and Employability in the Time of COVID-19. Youth, Education and Entrepreneurship in EU Countries," Sustainability, MDPI, vol. 14(3), pages 1-24, January.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:3:p:1589-:d:737893
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/3/1589/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/14/3/1589/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ashraf, Badar Nadeem, 2020. "Economic impact of government interventions during the COVID-19 pandemic: International evidence from financial markets," Journal of Behavioral and Experimental Finance, Elsevier, vol. 27(C).
    2. Neumayer, Eric, 2001. "The human development index and sustainability -- a constructive proposal," Ecological Economics, Elsevier, vol. 39(1), pages 101-114, October.
    3. Gerald D. Cohen, 2020. "Measuring employment during COVID-19: challenges and opportunities," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 55(4), pages 229-239, October.
    4. Tisdell, Clement A., 2020. "Economic, social and political issues raised by the COVID-19 pandemic," Economic Analysis and Policy, Elsevier, vol. 68(C), pages 17-28.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beata Bieszk-Stolorz & Krzysztof Dmytrów, 2022. "Assessment of the Similarity of the Situation in the EU Labour Markets and Their Changes in the Face of the COVID-19 Pandemic," Sustainability, MDPI, vol. 14(6), pages 1-20, March.
    2. Veronika Bikse & Liva Grinevica & Baiba Rivza & Peteris Rivza, 2022. "Consequences and Challenges of the Fourth Industrial Revolution and the Impact on the Development of Employability Skills," Sustainability, MDPI, vol. 14(12), pages 1-23, June.
    3. Gabriela Clemente & Alberto Garcia-Prats & Purificación Lisón & Constanza Rubio & Santiago Vidal-Puig & Beatriz Ricarte & Vicente Estruch-Guitart & Loreto Fenollosa & Juan Manzano & Francisco Rovira-M, 2022. "COVID-19 Impact: A Case Study at the School of Agricultural Engineering and Environment of the Universitat Politècnica de València," Sustainability, MDPI, vol. 14(17), pages 1-14, August.
    4. Jackson Juatco Tan & Virginia Ramirez Arceo, 2024. "Women driving Philippine entrepreneurship: Social and governance issues as mediated by economic development," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 14(1), pages 1-13, December.
    5. Mariusz Zieliński, 2022. "The Effect of the COVID-19 Pandemic on the Labor Markets of the Visegrad Countries," Sustainability, MDPI, vol. 14(12), pages 1-20, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bogdan Ștefanachi & Silviu-Petru Grecu & Horia Costin Chiriac, 2022. "Mapping Sustainability across the World: Signs, Challenges and Opportunities for Democratic Countries," Sustainability, MDPI, vol. 14(9), pages 1-28, May.
    2. Aleksandra Lapko & Ewa Hacia & Lovorko Lucic, 2021. "Nautical Tourism in Croatia and the COVID-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 308-319.
    3. Aviad Tur-Sinai & Netta Bentur & Paolo Fabbietti & Giovanni Lamura, 2021. "Impact of the Outbreak of the COVID-19 Pandemic on Formal and Informal Care of Community-Dwelling Older Adults: Cross-National Clustering of Empirical Evidence from 23 Countries," Sustainability, MDPI, vol. 13(13), pages 1-13, June.
    4. Conțiu Tiberiu Șoitu & Silviu-Petru Grecu & Romeo Asiminei, 2022. "Health Security, Quality of Life and Democracy during the COVID-19 Pandemic: Comparative Approach in the EU-27 Countries," IJERPH, MDPI, vol. 19(21), pages 1-26, November.
    5. Giammanco, Maria Daniela & Gitto, Lara, 2020. "Government measures and economic activity during the COVID-19 outbreak: some preliminary short-term evidence from Europe," MPRA Paper 105072, University Library of Munich, Germany.
    6. Narayan, Seema & Narayan, Paresh Kumar & Tobing, Lutzardo, 2021. "Has tourism influenced Indonesia’s current account?," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 225-237.
    7. Rui Manuel de Sousa Fragoso & Carlos Alberto Falcão Marques, 2012. "Integrated Water Management Using Feasible Goals Method and Interactive Decision Maps: The Case of Odivelas Irrigation," CEFAGE-UE Working Papers 2012_07, University of Evora, CEFAGE-UE (Portugal).
    8. D K Despotis, 2005. "A reassessment of the human development index via data envelopment analysis," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(8), pages 969-980, August.
    9. Ortal Slobodin & Ilia Plochotnikov & Idan-Chaim Cohen & Aviad Elyashar & Odeya Cohen & Rami Puzis, 2022. "Global and Local Trends Affecting the Experience of US and UK Healthcare Professionals during COVID-19: Twitter Text Analysis," IJERPH, MDPI, vol. 19(11), pages 1-17, June.
    10. Fan Zhang & Paresh Kumar Narayan & Neluka Devpura, 2021. "Has COVID-19 changed the stock return-oil price predictability pattern?," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-10, December.
    11. Mahata, Ajit & Rai, Anish & Nurujjaman, Md. & Prakash, Om, 2021. "Modeling and analysis of the effect of COVID-19 on the stock price: V and L-shape recovery," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 574(C).
    12. Md. Mahmudul Alam & Haitian Wei & Abu N. M. Wahid, 2021. "COVID‐19 outbreak and sectoral performance of the Australian stock market: An event study analysis," Australian Economic Papers, Wiley Blackwell, vol. 60(3), pages 482-495, September.
    13. Ponzoa, José M. & Gómez, Andrés & Mas, José M., 2023. "EU27 and USA institutions in the digital ecosystem: Proposal for a digital presence measurement index," Journal of Business Research, Elsevier, vol. 154(C).
    14. Massimo Buscema & Pier Luigi Sacco & Guido Ferilli, 2016. "Multidimensional Similarities at a Global Scale: An Approach to Mapping Open Society Orientations," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(3), pages 1239-1258, September.
    15. Al-Maadid, Alanoud & Alhazbi, Saleh & Al-Thelaya, Khaled, 2022. "Using machine learning to analyze the impact of coronavirus pandemic news on the stock markets in GCC countries," Research in International Business and Finance, Elsevier, vol. 61(C).
    16. Ülengin, Füsun & Kabak, Özgür & Önsel, Sule & Aktas, Emel & Parker, Barnett R., 2011. "The competitiveness of nations and implications for human development," Socio-Economic Planning Sciences, Elsevier, vol. 45(1), pages 16-27, March.
    17. Van de Kerk, Geurt & Manuel, Arthur R., 2008. "A comprehensive index for a sustainable society: The SSI -- the Sustainable Society Index," Ecological Economics, Elsevier, vol. 66(2-3), pages 228-242, June.
    18. Amin Jan & Mário Nuno Mata & Pia A. Albinsson & José Moleiro Martins & Rusni Bt Hassan & Pedro Neves Mata, 2021. "Alignment of Islamic Banking Sustainability Indicators with Sustainable Development Goals: Policy Recommendations for Addressing the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(5), pages 1-38, March.
    19. Afees A. Salisu & Abdulsalam Abidemi Sikiru & Philip C. Omoke, 2023. "COVID-19 pandemic and financial innovations," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(4), pages 3885-3904, August.
    20. Peng, Yi-Ting & Chang, Tsangyao & Ranjbar, Omid & Xiang, Feiyun, 2024. "Has the COVID-19 pandemic shock transmitted to the u.s. stock market: Evidence using bootstrap (A)symmetric fourier granger causality test in quantiles," The North American Journal of Economics and Finance, Elsevier, vol. 72(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:3:p:1589-:d:737893. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.