The Services Sector and Employment in Romania

The services sector encompasses all activities in the economy that result in goods in nonmaterial form that satisfy people's basic needs. Without the existence of services an economy cannot function, so today the services sector is a fundamental, primordial sector within an economy. The serv...

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Main Author: Marian Ionel
Format: Article
Language:English
Published: Ovidius University Press 2022-12-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%203/15.pdf
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author Marian Ionel
author_facet Marian Ionel
author_sort Marian Ionel
collection DOAJ
description The services sector encompasses all activities in the economy that result in goods in nonmaterial form that satisfy people's basic needs. Without the existence of services an economy cannot function, so today the services sector is a fundamental, primordial sector within an economy. The services sector plays a fundamental role in employment, as this sector is a barometer that indicates the level of development of an economy, and at the same time it is in this sector that the employed population has the largest share. In Romania, the service sector has grown continuously and in this way has been a solution for employment and for reducing the high unemployment caused by industrial restructuring. The aim of this paper is to examine the relationship between the service sector and employment and to highlight the role of this sector in reducing unemployment and increasing employment.
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spelling doaj.art-56a4df2bf60f41969afe64374b34115a2023-02-21T08:48:28ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272022-12-01XXII2332336The Services Sector and Employment in Romania Marian Ionel0„Ovidius”University of Constanta, Faculty of Economic Sciences, Romania The services sector encompasses all activities in the economy that result in goods in nonmaterial form that satisfy people's basic needs. Without the existence of services an economy cannot function, so today the services sector is a fundamental, primordial sector within an economy. The services sector plays a fundamental role in employment, as this sector is a barometer that indicates the level of development of an economy, and at the same time it is in this sector that the employed population has the largest share. In Romania, the service sector has grown continuously and in this way has been a solution for employment and for reducing the high unemployment caused by industrial restructuring. The aim of this paper is to examine the relationship between the service sector and employment and to highlight the role of this sector in reducing unemployment and increasing employment.https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%203/15.pdfservices sectoremployment
spellingShingle Marian Ionel
The Services Sector and Employment in Romania
Ovidius University Annals: Economic Sciences Series
services sector
employment
title The Services Sector and Employment in Romania
title_full The Services Sector and Employment in Romania
title_fullStr The Services Sector and Employment in Romania
title_full_unstemmed The Services Sector and Employment in Romania
title_short The Services Sector and Employment in Romania
title_sort services sector and employment in romania
topic services sector
employment
url https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%203/15.pdf
work_keys_str_mv AT marianionel theservicessectorandemploymentinromania
AT marianionel servicessectorandemploymentinromania