Loading ...Until 2025, labour force in Romania is to decrease by 10 percent, until 13.52 million people, announced the National Institute of Statistics (INS), which draws the attention that the getting older process is mainly determined by a drop in newborns.
The weight of older population (65 years and above) advanced from 10.3 percent, in 1990, to 14.9 percent in 2007. At the same time, the weight of young people (0.14 years old) saw a reduction from 23.7 percent, in 1990, to 15.4 percent in 2007. According to the regions, population’s decrease happened in a differentiated way, the highest decline pace of the inhabitants’ number being registered in the western part of the country. “Oldest” regions from this point of view are South-West Oltenia and South Muntenia, where older population is accounting for 16 percent. On the short term, up to 2010, population of 15-64 years old is expected to hover around 15 million. After 2010, less numerous generations, born after 1990, are to enter the labour market. INS appreciates that, by becoming more numerous, the “older” groups on labour force market will create, in time, a lack of balance on this market.
The National Human Development Report Romania 2007 (RNDU) – the first research that studied the labor market from the prospect of the evolutions in the last 17 years – reveals that the economic growth started to be mirrored by the population’s way of life – longevity, education and living standards – proving the fact that, in 2004, the registered values propelled Romania among the countries with a high degree of human development. The result of the last 17 years of tough reforms led to an advance for Romania, up to the 60th spot (among 177 countries), in the global classification of human development. But the specialists affirm that the older population, still on the labour market, attained a historical top.
INS points out that, at the same time with this getting older process, the need for some additional investments in human resources is on the rise too, mainly for the professional training. Moreover, RANDU anticipates an increase in labor costs, determined by the erosion of the physical effort capacity of the human capital, and lower motivational levels.
According to the UN Population Fund (UNFPA), Romania’s demographical deficit is wider yearon – year and this fact will have consequences upon Romania’s economic re-launching. The UN study reveals that, if in 1989 a number of 369,000 children were born, in 2006 the newborns’ number would stay at 218,300.
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