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Characteristics of the Labor Market in Romania between 2008-2016

Author

Listed:
  • Mariana Balan

    (Institute for Economic Forecasting-NIER, Romanian Academy)

  • Carmen Uzlau

    („Hyperion” Univesity, Bucharest)

  • Corina Maria Ene

    („Hyperion” Univesity, Bucharest)

Abstract

The level and quality of employment are important indicators for the current society, workforce being the main engine for the development of any modern economy. Within its Europe 2020 Strategy, the European Union has set itself the target for the 2020 horizon, to reach a 75% employment rate for population aged 20-64-years old at European level. Romania has set an employment target of 70% by 2020 for the same population. Given the current context, Romania's economy is under the influence of a continuous and dynamic process of change, emerged from both the transition to the market economy and the phenomenon of globalization. This paper proposes a systematic, but not complete, approach of the consequences of the global crisis, on the main indicators of the labor market at national level, highlighting the main characteristics of the Romanian labor market: evolutions, structures, peculiarities, regional disparities, etc.

Suggested Citation

  • Mariana Balan & Carmen Uzlau & Corina Maria Ene, 2017. "Characteristics of the Labor Market in Romania between 2008-2016," Hyperion Economic Journal, Faculty of Economic Sciences, Hyperion University of Bucharest, Romania, vol. 5(3), pages 3-14, September.
    • Handle: RePEc:hyp:journl:v:5:y:2017:i:3:p:3-14
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    References listed on IDEAS

    as
    1. Bruno Contini, 2012. "Youth employment in Europe: do institutions and social capital explain better than mainstream economics?," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 9(2), pages 247-277, August.
    2. Matei, Ani & Matei, Lucica, 2010. "Local Employment Policies in the Context of the Economic Crisis - Influences of the European Community Structural Instruments," Apas Papers 149, Academic Public Administration Studies Archive - APAS.
    3. Bocean, Claudiu George, 2007. "The Impact of Active Labour Market Policies in Romania," MPRA Paper 10397, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    labor market; unemployment;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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