The Impact of Unemployment on Older Population in the North-East Region

Assoc. prof. Elena BUGUDUI PhD
Post Phd.University of Economics Bucharest
Artifex University of Bucharest

Abstract

This paper aims to highlight the impact of labor supply for the population aged 55-64 years looking for a job in the North East. It uses multifactor regression model, with the exogenous variables, the rate of job vacancies fielobds. The analysis shows that although the Romanian population is aging and this trend continues, the elderly are not in the demand for skills and abilities to employers. They accept jobs that do not require a specific qualification, seasonal jobs, poorly paid. Continuous vocational training policies to meet the needs of those who do not have the skills required in the current economic situation.

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Sumar RRSS 1/2015