Important Theories and Statistical Studies on Romanian Reality Concerning the Unemployment and Labor – Literature Review

If two years ago young people said that it is difficult to enter on the labor market, now the situation is worsened because of the difficult economic climate. The discussions on the lack of employment positions are becoming increasingly heard. The layoffs, the decrease in the number of vacancies, all of these have more serious repercussions on young people than on the adults. Thus, during the financial crisis, young people are the human resources who “suffer” most in contact with the labor market and hardly find a job in Romania. According to the National Agency for Employment, the number of registered unemployed persons less than 25 years in the first quarter of 2010 doubled compared to 2008, reaching 105,007. The aim of the present article is to illustrate some studies of some economists, known or less known, about the various developments on the Romanian labor market, possibly the evolution of unemployment on certain criteria. The article also will provide insights into the statistical modeling of certain economic laws for the employment and unemployment in Romania, thus creating a picture of the situation on the Romanian's labor market reality