IMPLICATIONS OF THE HEALTH CRISIS GENERATED BY THE COVID-19 PANDEMIC ON THE ROMANIAN LABOUR MARKET

The International Labour Organization warns that the Pandemic will have devastating effects on the labour market, worldwide. It specified that an impressive number of employees have already been affected by the social distancing measures and that this crisis will be the worst for the labour market s...

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Autores principales:	Madalina BRUTU, Daniela Melania MIHAI
Formato:	article
Lenguaje:	EN
Publicado:	Publishing house of University of Pitesti, Romania 2020
Materias:	labour market employees covid-19 pandemic. Economic theory. Demography HB1-3840
Acceso en línea:	https://doaj.org/article/36aac37f9b2d4ff08df81d8449d2155c
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spelling	oai:doaj.org-article:36aac37f9b2d4ff08df81d8449d2155c2021-11-04T17:58:52ZIMPLICATIONS OF THE HEALTH CRISIS GENERATED BY THE COVID-19 PANDEMIC ON THE ROMANIAN LABOUR MARKET 1583-18092344-4908https://doaj.org/article/36aac37f9b2d4ff08df81d8449d2155c2020-12-01T00:00:00Zhttp://economic.upit.ro/RePEc/pdf/2020_3_4.pdfhttps://doaj.org/toc/1583-1809https://doaj.org/toc/2344-4908The International Labour Organization warns that the Pandemic will have devastating effects on the labour market, worldwide. It specified that an impressive number of employees have already been affected by the social distancing measures and that this crisis will be the worst for the labour market since World War II. The impact of the pandemic has been and is still strongly felt on the Romanian labour market as well. Most companies in the economy sent their employees in technical unemployment in the spring of 2020, and most employments are cancelled, postponed or frozen. The European Commission forecast that the Romanian economy will contract by 5.2% in 2020 and the deficit will grow by 10.3% of GDP. The hope for November 2020 comes from the pharmaceutical companies Pfizer and BioNTech who announced an efficacy of 90% of the Covid-19 vaccine and from which the European Commission has already contracted 300 million doses of vaccine, at a lower price than that the USA will pay.Madalina BRUTU Daniela Melania MIHAI Publishing house of University of Pitesti, Romaniaarticlelabour marketemployeescovid-19 pandemic.Economic theory. DemographyHB1-3840ENBuletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice, Vol 19, Iss 3, Pp 33-40 (2020)
institution	DOAJ
collection	DOAJ
language	EN
topic	labour market employees covid-19 pandemic. Economic theory. Demography HB1-3840
spellingShingle	labour market employees covid-19 pandemic. Economic theory. Demography HB1-3840 Madalina BRUTU Daniela Melania MIHAI IMPLICATIONS OF THE HEALTH CRISIS GENERATED BY THE COVID-19 PANDEMIC ON THE ROMANIAN LABOUR MARKET
description	The International Labour Organization warns that the Pandemic will have devastating effects on the labour market, worldwide. It specified that an impressive number of employees have already been affected by the social distancing measures and that this crisis will be the worst for the labour market since World War II. The impact of the pandemic has been and is still strongly felt on the Romanian labour market as well. Most companies in the economy sent their employees in technical unemployment in the spring of 2020, and most employments are cancelled, postponed or frozen. The European Commission forecast that the Romanian economy will contract by 5.2% in 2020 and the deficit will grow by 10.3% of GDP. The hope for November 2020 comes from the pharmaceutical companies Pfizer and BioNTech who announced an efficacy of 90% of the Covid-19 vaccine and from which the European Commission has already contracted 300 million doses of vaccine, at a lower price than that the USA will pay.
format	article
author	Madalina BRUTU Daniela Melania MIHAI
author_facet	Madalina BRUTU Daniela Melania MIHAI
author_sort	Madalina BRUTU
title	IMPLICATIONS OF THE HEALTH CRISIS GENERATED BY THE COVID-19 PANDEMIC ON THE ROMANIAN LABOUR MARKET
title_short	IMPLICATIONS OF THE HEALTH CRISIS GENERATED BY THE COVID-19 PANDEMIC ON THE ROMANIAN LABOUR MARKET
title_full	IMPLICATIONS OF THE HEALTH CRISIS GENERATED BY THE COVID-19 PANDEMIC ON THE ROMANIAN LABOUR MARKET
title_fullStr	IMPLICATIONS OF THE HEALTH CRISIS GENERATED BY THE COVID-19 PANDEMIC ON THE ROMANIAN LABOUR MARKET
title_full_unstemmed	IMPLICATIONS OF THE HEALTH CRISIS GENERATED BY THE COVID-19 PANDEMIC ON THE ROMANIAN LABOUR MARKET
title_sort	implications of the health crisis generated by the covid-19 pandemic on the romanian labour market
publisher	Publishing house of University of Pitesti, Romania
publishDate	2020
url	https://doaj.org/article/36aac37f9b2d4ff08df81d8449d2155c
work_keys_str_mv	AT madalinabrutu implicationsofthehealthcrisisgeneratedbythecovid19pandemicontheromanianlabourmarket AT danielamelaniamihai implicationsofthehealthcrisisgeneratedbythecovid19pandemicontheromanianlabourmarket
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IMPLICATIONS OF THE HEALTH CRISIS GENERATED BY THE COVID-19 PANDEMIC ON THE ROMANIAN LABOUR MARKET

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