Labor Market Developments in the Romanian Regions after the Accession to the European Union: Employment, Wages, Structural Shifts
Labor Market Developments in the Romanian Regions after the Accession to the European Union: Employment, Wages, Structural Shifts

Summary/Abstract: Access to adequate workforce, in numbers and in skills, is a continuous hot issue for all businesses, no matter if they are large or small, long-time established or startups, from urban or rural areas, as well as for all types of economies in terms of territorial aggregation. The adequate and timely matching of labor demand and labor supply in the labor market is never very smooth; one may always find time and spatial delays in the national, regional and local economies. The paper presents, a brief, sectoral analysis of the key developments of labor market in the Romanian regions during the post-accession-post-crisis period, regarding the evolutions of employment, of wages and labor market structure. The results reveal different types of evolution on the Romanian labor market, occurred both sectorally and regionally after the country’s accession to the EU: endurance (quasimaintenance of a previously established dynamic equilibrium), break (shift towards a new dynamic equilibrium, either after accommodating a shock or not), and also distinctiveness (peculiar evolutions in a certain region as compared to the other regions). Such developments would necessarily involve the thorough and careful attention of the national and/or territorial policy makers and government authorities when nationally and/or territorially implementing the EU legislation in different areas of economic and social interest and when drawing up and applying the nationally-planned and regional/local policies.

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