Population and employment in Europe

Authors

  • Sandu Constantin Transilvania University of Brasov, Romania

Keywords:

population, employment, correlation coefficient

Abstract

The paper presents an analysis of the evolution of two characteristics, total employment and total population in Romania and in the European Union. The chosen period for analysis is 2010-2015. The purpose was, also, to determine if there is any relationship between the two above mentioned characteristics. The analysis showed that the population at European Union level increases almost every year, whereas in Romania it keeps decreasing . Pearson’s correlation coefficient level points out that there is a strong link between the two characteristics, this meaning that the total number of people influences the total number of employees, both in Romania and in the European Union. There was also presented a prediction, made by EUROSTAT, regarding the future evolution of the total population which shows a dramatic decrease in Romania.

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Published

2017-12-13

Issue

Section

ECONOMIC THEORY