The Influence of Demographic Aging on the Potential Labour Market Supply

In terms of evolution of the different economic structures and processes, the most important demographic category is the active population-the potential labour supply of society. Its quantity and quality (size, structure, level of education and training) has a significant impact on the economic, social and cultural development of a country as well as a major influence on the evolution of the gross domestic product. With the transition from a planned to a market economy, the post-communist socio-economic changes have left their mark on the evolution of employment, both in terms of structure, quality and volume. The most important factor that marks the transformation and change in the structure of employment is the process of demographic aging. Considering these aspects I will analyze the evolution of the age-structure, working-age population and the process of demographic aging in order to get a comprehensive image on the present situation of the Romanian labour market supply.