ISSN 2284-7995, ISSN Online 2285-3952
 

THE DYNAMICS OF THE NUMBER OF EMPLOYEES, AVERAGE MONTHLY SALARY, INCOME PER HOUSEHOLD AND PENSIONS IN ROMANIA AND THE SOUTH MUNTENIA REGION

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 19 ISSUE 2
Written by Ionut Daniel PETRE

The paper aimed to analyze the number of employees, average monthly wage, average income per household and pension both in Romania and in the South Muntenia region in the period 2007-2017. Fixed indices reflected the evolution of these indicators and the comparisons pointed out the differences among various categories: employees, agriculturists and pensioners. The results proved that at the national level the average number of employees increased by 1.2 %, but in the South Muntenia it declined by 4.1 %. In agriculture, forestry and fishing, this number of employees raised by 30.4 % at the national level and by only 9.8 % in South Muntenia, where there were employed about 19.7 % persons in 2017. The average nominal monthly salary increased by more than 75 % both at the national and regional level, but in the South Muntenia, it is lower. In agriculture, forestry and fishing, the average nominal salary has also increased, but at the regional level is smaller compared tot the country level. Per household, the total average monthly income had a higher growth rate for agriculturists, then for pensioners and finally for employees. But, there is a huge gap of salary level, the highest total average monthly income per household belonging to the employees, followed by agriculturists and pensioners. In 2017, the income per household accounted for Lei 3,392average in the country and Lei 3,201 average in South Muntenia. In this region, the highest income per household is earned by employees, followed by pensioners, and then by agriculturists. The pensions increased more than 2.5 times, but the agriculturists' pension is by 50 % smaller than the average pension in the country. Therefore, in Romania both the wage and pension level are the smallest in the EU. This the reason way the labour market in not balanced, migration is intensified and poverty is very high in many regions and rural areas of the country. The Government has to revise and improve the salary and pension system to recompense both the employees and pensioners for their work for society and prosperity of the country.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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