ANALYSIS ON THE EFFICIENT USE OF LABOR FORCE
ANALYSIS ON THE EFFICIENT USE OF LABOR FORCE

Summary/Abstract: In Romania, the transition to a market economy required the restructuring of the state-owned centralized economy. This restructuring resulted in massive layoffs, followed by remedial social policies: occupational retraining programs, early retirement, severance pay and services. In the Europe 2020 Strategy, in order to reach to an efficient Europe, in terms of its use of resources, the EU promotes the transition to a sustainable growth based on the proficient use of resources. The most important phenomena, affecting the labor market, are the constant population decline, the aging population and also a growing dependency percentage of the elderly.

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