Theoretical and Applied Economics (Dec 2017)
The strategy for reducing unemployment. Employment in the European Union
Abstract
The issue of employment is a problem in the European Union as in every Member State. Unemployment may rise or fall depending on the economic and social strategy of each country, but also on job qualification and supply. Within the European Union, there is a strategic program that provides for the full reduction of unemployment, massive investment to provide jobs for the absorption of some of the unemployment, and the preparation, diversification and upgrading of the quality of the workforce. The main objective of the European Union is to find a strategy that will lead to the absorption of unemployment in the member countries so that besides economic growth, better living conditions will be ensured for all employees. In this article, the authors have proposed to make a trip, to present the European Union’s strategy with significant data showing the concern of the member countries so that the reduction of unemployment is ensured. The free movement of persons in the European Union is a factor that ensures welfare increases due to wage uniformization. The analysis is also related to unemployment among male and female sexes, showing that it is higher among women. An analysis of the generations of the occupied or unoccupied population in the European Union is another element that is interesting and important and is carefully dealt with by the authors in this article. It is highlighted for each country the unemployment situation, and there is also a preoccupation to make a comparative study that will ultimately ensure the closure of the unemployed population. Free movement of people acts in a twofold sense, namely, countries with less economic potential and investment opportunities to create lesser jobs and countries that have a strong economy, an economy that can offer a significant number of jobs. In the first category of countries we meet with Romania has the advantage of feeling less the effects of the unoccupied population in the sense that they are looking for jobs in other countries. One non-retortionary question would be what would happen to Romania if the population, people working in Spain, Italy and other countries would still remain in Romania. In the other countries, based on the qualification of the unemployed labor force and the jobs offered, a paradox follows: some countries, Spain, Portugal, the UK, even Germany, although they have more than moderate unemployment, accept labor from Eastern European countries. The authors conclude on the prospect of implementing a uniform strategy to ensure that all EU Member States can absorb labor.
