ANALYSIS OF THE DIFFERENT MEASURES TAKEN BY THE EUROPEAN UNION AND ROMANIA TO CONTRACT THE EFFECTS OF COVID ON THE LABOR MARKET
ANALYSIS OF THE DIFFERENT MEASURES TAKEN BY THE EUROPEAN UNION AND ROMANIA TO CONTRACT THE EFFECTS OF COVID ON THE LABOR MARKET

Summary/Abstract: The spread of COVID-19 and the drastic blockages that followed led to the placement of economies and labor markets around the world in a state of emergency. Governments are fighting to protect jobs and businesses. Some of the measures identified and implemented are short-term telework and support for companies and the self-employed. The epidemic caused by coronavirus poses a threat to the European economy and to the living standards of its citizens. In the short term, this means an extreme disruption of citizens and labor markets, as countries impose travel restrictions and blockages at the national level to slow the spread of the virus and prevent overwhelming health services. Governments need to find great ways to protect workers and their economies from financial hardship and potential collapse (Sohrabi et al., 2020). The recession seems inevitable. Citizens themselves also face exceptional limitations on their movements, which could have overwhelming effects on their health and well-being. But the full effects of the crisis are still unknown and could last for many years.

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