ROMANIA’S JOB MARKET: TRENDS IN JOB OPPORTUNITIES, EDUCATIONAL REQUIREMENTS AND INDUSTRY NEEDS
ROMANIA’S JOB MARKET: TRENDS IN JOB OPPORTUNITIES, EDUCATIONAL REQUIREMENTS AND INDUSTRY NEEDS
Author(s): Andrei Zegrean, Mădălina VrabieSubject(s): Economy, Business Economy / Management, Human Resources in Economy
Published by: Facultatea de Management, Academia de Studii Economice din Bucuresti
Keywords: Job market; Job opportunities; Educational requirements; Industry needs;
Summary/Abstract: The supply of labor is the primary asset of the economy and the ability to adjust to the challenges of advancing technologies. This study looked into 9,768 job postings for 29,000 open positions in 3,451 companies. The results reveal that the sectoral distribution of job opportunities is headed by Retail & Commerce, with 27.13% of all open positions, underpinning the consumer-driven economy of Romania. The analysis reveals a relatively low level of part-time and project-based open positions and internships, which are even less so, signifying a low requirement for alternative employment structures. More interestingly, educational requirements represent a wide spectrum of opportunities for candidates with varied qualifications. Graduates represent 45.48% of open positions, underlining the demand for higher education in technical and professional areas. However, students have a fair share of accessible opportunities, at 27.85%, and 54.89% for candidates with no qualifications, reflecting the reality that many industries will value experience and on-site learning more than formal qualification.
Journal: Business Excellence and Management
- Issue Year: 14/2024
- Issue No: 4
- Page Range: 76-87
- Page Count: 12
- Language: English
