The unemployment in Europe

• Author: Constantin S.
• Pages: 339-344

Bulletin of the Transilvania University of Braşov

Series V: Economic Sciences • Vol. 8 (57) No. 2 - 2015

The unemployment in Europe

Sanda CONSTANTIN1

Abstract: The paper present the evolution of two characteristics, the unemployment rate

and the medium level of education rate also in European Union (28 countries) and

particularly in Romania. The analyzed was made during six years, between 2008 and 2013.

At the end of the paper it was applied a correlation coefficient in order to demonstrate if

there is any link between the two characteristics. The results show that also in the European

Union, as well as in Romania the evolution of the two characteristics has almost the same

tendency during the entire period. Also the Pearson correlation coefficient shows that

between the two indicators, the unemployment rate and the medium level of education rate

there is a negative link but with a very small value which get us to the conclusion that the

correlation is insignificant.

Key-words: unemployment rate, medium level of education rate, labour force

1. Introduction

The unemployment is an economic and social phenomenon when a part of the active

economic population is not occupied in the production and social process.

Even there is not a general definition, the unemployment is defined by most

of the economists and sociologists as the inactivity of a person who wants to work.

From the historical point of view the concept of unemployed worker started to

be used at the end of the XIX century beginning with the development of the

industrial society. The concept was strongly linked with the wage earner concept

and involves the existence of a contract formal or not formal between the employee

and the owner of the company.

There for the unemployed worker is the person who in exchange of

remuneration offer his labour force but he das not found a person to hire him.

When this situation take high proportions serious economic problems appear

in that region or in that country, consists in an increase of social expenses with

supporting the unemployed, increasing the poverty rate and criminality.

1 Transilvania University of Braşov, sanda.constantin@unitbv.ro