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A Changing Labour Market – Economic Recovery And Jobs

Author

Listed:
  • Cornelia DUMITRU

    (Romanian Academy)

Abstract

At European level, the labour market is faced with the same factors of change as the ones at global level: massive technology implementation has allowed for replacing especially middle-skilled jobs with automations, robots and mechanizations. Thus, an ascending trend is registered in the increase of the polarisation degree on labour market. The existence of three simultaneous generations on the labour market for whom the adjustment to its changes is slowed down as result of austerity measures, diminished opportunities of training within organisations (at least during the period of the crisis), and the changes of perspective and of operating within organisations which is noticeable increasingly more in the post-crisis period. Lifelong learning is gains new values and is more frequently accompanied by the new concept of “agile learning”. Competitiveness, innovativeness, and performance will depend in this context on the way in which policies, actions and measures on the labour market addressing the labour force will succeed in providing solutions for adjusting the labour force to change and the new requirements from the perspective of competencies, skills, and knowledge. The paper presents a brief review of the post-crisis trends on the EU-28 labour market, with emphasis on the New Member States and in particular with respect to Romania considering the needs of achieving the national and European goals of economic growth and social development.

Suggested Citation

  • Cornelia DUMITRU, 2016. "A Changing Labour Market – Economic Recovery And Jobs," Romanian Economic Business Review, Romanian-American University, vol. 11(2), pages 133-144, June.
    • Handle: RePEc:rau:journl:v:11:y:2016:i:2:p:133-144
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    References listed on IDEAS

    as
    1. Daniele SCHILIRÒ, 2012. "Knowledge-Based Economies And The Institutional Environment," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 3(1), pages 42-50.
    2. Hermine Vidovic, 2013. "Labour Market Developments and Social Welfare," wiiw Research Reports 392, The Vienna Institute for International Economic Studies, wiiw.
    3. Alfonso Arpaia & Gilles Mourre, 2012. "Institutions And Performance In European Labour Markets: Taking A Fresh Look At Evidence," Journal of Economic Surveys, Wiley Blackwell, vol. 26(1), pages 1-41, February.
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