Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics (Dec 2021)
Cluster Analysis on the Unemployment Rate during Lockdown Period
Abstract
The problem of unemployment is a permanent one because elements of imbalance appear in the process of macro-stability. In the context of a free market, we can also discuss about the labour market, which can no longer be regulated administratively, so that labour is absorbed, reconverted and unemployment is eliminated as much as possible, leaving supply and demand to settle employment. Unemployment is an element of balance in a certain way, because it regulates the need for labour with the needs and the existence on the labour market of available people, but they should be in the structure by profession, by trade, required by the market. From time to time, when macroeconomic destabilization occurs, unemployment as the valve for the use of the working population makes its presence felt. Under the current circumstances, in which the world economy, of the European countries and consequently also of Romania are under the effect of the coronavirus health crisis, combined with the financial and economic crisis, inflation has become a growing phenomenon, being even worrying. The unemployed population receives for a limited period of time a payment, after which it becomes an unoccupied free population. A paradox is also that as the quotas of the unemployed increase and there are vacancies that are taken out to be filled, the latter are not completed, because the structure of the places taken out to be filled does not correspond to the needs of the economy in terms of structure by trades, by professions. During the current crisis that we have spoken of, it is very clear that unemployment has increased quite a lot compared to January this year, but even more worrying is the fact that a large number, more than 1.3 million people, are in technical unemployment, who will eventually be able to supply the number of people who get unemployed. In order to consider how the labor resource can be used in Romania, we must take into account that over 1.5 million people, who returned from the European states where they worked, not on the basis of contract and precise commitments, returned to the country being part of the number of those unoccupied people.
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