This paper examines the efficient operation of the Romanian labour market, as measured by the relevant indicators of labour demand and supply from 2008Q2 to 2016Q3. The survey conducted for this purpose revealed fluctuations in the number and rate of job vacancies, respectively in the unemployment rate.
Unemployment is a serious problem that troubles the majority of countries in the world. The big problem is particularly long-term unemployment. Slovak economy is trying to deal with this problem already for a long time. Despite of the pronounced decline of unemployment rate in recent