HYPERION ECONOMIC JOURNAL

Hyperion University of Bucharest
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HYPERION ECONOMIC JOURNAL

March 2025
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Analysis and forecast of employees’ mobility on the labor market in Romania using Markov chains

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Authors:
  • Bălan Mariana, Affiliation: Institute for Economic Forecasting – NIER, Romanian Academy, and "Athenaeum" University, Bucharest, Romania;
  • Uzlău Carmen, Affiliation: Institute for Economic Forecasting – NIER, Romanian Academy, and Hyperion University, Bucharest, Romania;
  • Ene Corina Maria, Affiliation: Hyperion University, Bucharest, Romania;
Pages:  13 : 25
Abstract:

The mobility of labor, defmed as responsiveness and adaptation ofpersons or groups of persons on the challenges of the social and economic environment is therefore a social phenomenon depending on time and space. A high mobility increases opportunities for workers to Jind a job and employers to Jind persons with an adequate level of skills, thus boosting employment and economic growth. In recent years, in Romania there has been an accentuation of existing gaps, compared with the European Union countries, as regards the occupational stnicture of employment. In this context, the paper proposes an analysis of the evolution of labor mobility in the main sectors of the Romanian economy. Also, it was pursuecl the Markovian mocleling of employees’ mobility on the labor market and its forecast in Romania, under the impact of rapid and profound social and economic changes, and the correlation between them as well, with a view to make forecasts of the Romanian economy evolution in the short term.

JEL classification:  CI9, C53, J21, J45, J61

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