Youth employment on the Romanian labour market in the context of the current economic and financial crisis

Mariana BĂLAN


The paper intends to analyze the main labour market characteristics and factors for Romanian youth in the current market position.  The analysis and forecast of the educational process and of graduates’ employment according to their differing educational levels on the Romanian labour market is realised based on Markovian techniques. By making use of the developed scenarios, the crisis effects can be quantified with respect to economic growth, labour market perspectives, as well as the employability and mobility of young labour force participants in the various economic sectors.




crisis, unemployment, labour market, young, impact modelling

Full Text:



• Auer P., Efendioglu U. and Leschke J., (2004), Active labour market policies around the world: Coping with the consequences of globalization, ILO, Geneva.

• Freeman R. (2003), Labour market institutions without blinders: The debate over flexibility and labour market performance, Cambridge, Massachusetts, NBER.

• Gruber J., Milligan K., Wise D. (2009), Social Security Programs and Retirement Around the World: The Relationship to Youth Employment, NBER Working Paper No.14647, January 2009, Revised May 2009, No.H3, H5, J1, J2.

• Iosifescu M. (1977), Lanţuri Markov finite şi aplicaţii, Editura Tehnică, Bucureşti.

• Nicolae M. (2004), Analysis and Forecast of the Educational Process Duration through Markovian Models (The Case of Romania), Journal for Economic Forecasting, vol. 1.

• Nicolae M. (2002), Study of labour dynamics using the semi-markovian processes”, Journal for Economic Forecasting, Institute for Economic Forecasting, December 2002.

• Rosas G. and Rossignotti G. (2005), Starting the new millennium right: Decent employment for young people, International Labour Review, Vol.144 (2005) No.2.

• Stoica L.G. (2009), Accesul la educaţia continuă, factor generator de inovaţie socială, Calitatea Vieţii, XX, nr. 1-2, 2009, p. 122-129.

• Vasile V., Zaman Gh., Perţ S., Zarojanu F. (2007), Restructurarea sistemului de educaţie din românia din perspectiva evoluţiilor pe piaţa internă şi impactul asupra progresului cercetării, Institutul European din România.

• *** ILO’s Global Employment Trends Report 2009, /liberation/ year_2009/ april_09/crisis_watch.html.

• *** ILO: Global Employment Trends – Update, May 2009.

• *** Global Employment trends for youth, October 2008, International Labour Office -Geneva, ILO, 2008.

• *** UN, 2005, World Youth Report, Young People’s Transition to Adulthood: Progress and Challenges.

• *** UN, 2005, Global analysis and evaluation of national plans on youth employment,

• *** Commission of the European Communities 2009, Communication from the Commission to the Council, The European Parliament, The European Economic and Social Committee and The Committee of the Regions, An EU Strategy for Youth – Investing and Empowering A renewed open method of coordination to address youth challenges and opportunities, Brussels, COM (2009) 200 final.

• *** World Bank (2006), World Development Report: Development and the Next Generation, Chapter 4. Washington DC.


  • There are currently no refbacks.

Copyright (c) 2011 author

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.




To crown and encourage research efforts of the authors, at the end of a year of publishing our journal board will award online the best papers by distinctions:

1. Best Original Paper Award -  for the paper that has brought something completely new in the reader's attention (a new concept, a new trend, a new proposal in research, etc.)

2. Excellence Award - for the most cited paper and visualized in the online environment during the year

3. First, Second and Third Award- for the best documented and substantiated papers during the year

4. Special Award - to award PhD students and postdocs for the most well documented and substantiated paper

Administred:Rocsana B. Manea Tonis