Labor force shortage analysis in Romania - size, impact and measures

Under the impact of unfavourable demographic developments, some existing imbalances on the Romanian labor market have worsened. Thus, in 2019 the labor force shortage was estimated to 300000 persons, while in the last ten years the number of vacancies has exceeded 60,000 places, more than double the...

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Published inProceedings of the International Conference on Applied Statistics Vol. 2; no. 1; pp. 285 - 295
Main Authors Vasile, Valentina, Boboc, Cristina Rodica, Ghiţă, Simona Ioana, Băncescu, Irina, Săseanu, Andreea Simona
Format Journal Article
LanguageEnglish
Published Sciendo 01.12.2020
Subjects
driver
emigration
labor force shortage
vacancy
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Summary:Under the impact of unfavourable demographic developments, some existing imbalances on the Romanian labor market have worsened. Thus, in 2019 the labor force shortage was estimated to 300000 persons, while in the last ten years the number of vacancies has exceeded 60,000 places, more than double the level at the beginning of the period (2010). This phenomenon may have negative social and economic effects. In this context, the present paper aims at analysing the labor shortages in Romania, at identifying its main determinants and the most important social and economic consequences and recommends a series of measures to mitigate the negative effects of this phenomenon.
ISSN:2668-6309
2668-6309
DOI:10.2478/icas-2021-0025