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CAREER OPPORTUNITIES IN A DOWNTURN SOCIETY

Keywords: Young graduates unemployment , EU unemployment , chances of employment , downturn , international financial crisis , learning and education , professional experience and training , emigration , broken families

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Abstract:

The world crisis that began in 2008 has negative influences over financial and economicalsocial structures, mainly affecting the young working population. The most affected by the current economical and financial crisis is the youth. Jobs offer for young people seems to have decreased to a significant extent, while they of all categories of job candidates are the most affected precisely due to their lack of experience and to the high costs for training new employees under the current competitive labour market conditions. Data from a study by the National Employment Agency indicate for 2010 that only 6.36% of young unemployed (under the age of 25) found jobs within the first three months. In the same time, the main specializations for which personnel was still being recruited at the end of 2010 were IT, outsourcing, accountancy, engineering, retail and pharmaceuticals, according to recruitment agencies.

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