Annals of the University of Petrosani: Economics (Jan 2010)

THE IMPORTANCE OF HUMAN RESOURCES ON ROMANIA'S LABOR MARKET

  • IRINA-ELENA CHIRTOC

Journal volume & issue
Vol. X, no. 1
pp. 51 – 58

Abstract

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An increasingly important role in economic activity has the human resources. These are represented of population, also planning and management of such resources are extremely important, almost as important as raw materials and energy resources. Without people, any activity of exploitation of deposits is not possible, as otherwise there can be not possible any economic action or otherwise. The labor market in Romania has undergonesignificant changes in the process of economic transition, manifested by reducing the active and occupied people, by maintaining relatively steady unemployment rate and increasing youth unemployment and the long term unemployment, being affected mainly by the limited capacity of creation new jobs. In parallel with the reduction in employment people, it occurred significant changes in employment structure by sectors, industries, regions, types of ownership, age and occupational status.

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