Assessing Romania’s Labour Market Security Performance

Abstract

Purpose. The purpose of this paper is to assess Romania’s labour market security performance in unemployment periods, taking into account OECD’s argument that in developed countries: “becoming and staying unemployed is the most significant risk for a worker”.
Design/methodology/approach. The paper analyses the literature on Job Quality Assessment in developed countries in the OECD framework and the ILO Methodology based on development theories.
Findings. The paper argues that emerging countries need to adjust OECD’s methodology according to the ILO’s methodology in order to produce more accurate data.
Research limitations/implications. This research covers only a part of the broader OECD’s framework. Romania’s job quality profile needs to be supplemented with other dimensions, e.g. labour market insecurity due to low pay, earnings quality and the quality of the work environment.
Originality/value. The paper attempts to focus on the missing link between aspects such as 2014 and 2015 OECD methodology used to assess the risk of migration (work mobility), unemployment, and low pay considering countries featuring highly interconnected systems.
Paper type assessment paper.

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