DEMOGRAPHIC EVOLUTIONS IN ROMANIA – IMPACT ON LABOR SUPPLY

The size of the population represents a determining factor for the dimension of the labor force, of the potential population and of the actual labor force. Starting with 1990, Romania has undergone a process of major demographic changes. The direct demographic causes of the decline registered after 1990 are due, on one hand, to massive emigration since the beginning of the transition period (1990- 1991), and, on the other hand, to the unfavorable evolution of natural growth, turning negative beginning with 1992. On the medium and long term, these changes will affect the ratio between the active and inactive population and will lead to an increase of the demographic ageing. The present paper presents the Romanian current demographic situation and examines the implications that this phenomenon will have upon the labor market in the future.