The unemployment in Europe

Abstract

The paper presents the evolution of two characteristics, the unemployment rate and the medium level of education rate also in European Union (28 countries) and particularly in Romania. The analysis was made over six years, between 2008 and 2013. At the end of the paper, it was applied a correlation coefficient in order to demonstrate if there is any link between the two characteristics. The results show that also in the European Union, as well as in Romania the evolution of the two characteristics has almost the same tendency during the entire period. Also, the Pearson correlation coefficient shows that between the two indicators, the unemployment rate and the medium level of education rate there is a negative link but with a very small value which gets us to the conclusion that the correlation is insignificant.