Abstract

The main purpose of our paper is to highlight the interplay between the demands of the workforce market from Hunedoara County and the competences of graduates from The Economy of Trade, Tourism and Services (ETTS) Bachelor study programme. As far as the methodology of the paper is concerned, we used a qualitative description approach that comprises manifold aspects: the statistical analysis of trade and tourism branches from the V West Region in correlation with the labor market; job opportunities analysis before and after the pandemic; cognitive and behavioral competences achieved by graduates from the ETTS programmeme in order to become well trained specialists in their area of interest. The results of our investigations led us to the following conclusions: the pandemic brought about continuous oscillations in the trade and tourism labor markets in such a way that, having skills in both fields, graduates from the ETTS programmeme could get compensation of the declining trend of available jobs in the hospitality industry by the increase of vacant jobs within the the online commerce; on the other hand, Hunedoara Conty – an area with various types of tourism – mountain, historical, religious tourism etc. – has witnessed an upsurge in the number of tourists in spite of the pandemic.

Highlights

  • The changes that constantly occur in the contemporary labour market as a result of alterations in the production factors market, the market for investment or consumer goods, the financial market and other relevant markets as a result of global economic and financial dynamics have led to an increase in employment flexibility in the labour market [5, 6].The labour market is the economic space in which the demand for labour, represented by employers, and the supply, represented by the owners of labour, meet, face and negotiate freely [6].Nowadays, the labor market is redefined in terms of skills because they include provable characteristics and skills that allow and improve the efficiency or performance of a job

  • This study programme aims to train specialists in the field of business administration, which will contribute to gaining competitive advantage in the market for organizations in which they will work as specialists in the fields of trade, tourism and services and be able to successfully perform tasks related to positions in these fields of activity in accordance with the current requirements of the labour market in Romania and the European Union, promoting a set of values based on solidarity, equity, scientific objectivity, creativity and dynamism

  • Even though the conclusions of this study show that there is still a period necessary for economic recovery in the two areas presented, the skills that students in the study program The Economy of Trade, Tourism and Services direct them towards entrepreneurship and business development

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Summary

Introduction

The changes that constantly occur in the contemporary labour market as a result of alterations in the production factors market, the market for investment or consumer goods, the financial market and other relevant markets as a result of global economic and financial dynamics have led to an increase in employment flexibility in the labour market [5, 6].The labour market is the economic space in which the demand for labour, represented by employers, and the supply, represented by the owners of labour, meet, face and negotiate freely [6].Nowadays, the labor market is redefined in terms of skills because they include provable characteristics and skills that allow and improve the efficiency or performance of a job. We are witnessing a pattern changeover form teaching to learning focus that stresses the role of experiential learning in the process of accomplishing high level performances which are expected to occur in the area of business education [2]. In this context, the role of higher education in the training of competent specialists for the labour market is a complex process in which exits from the system are measured by the degree of insertion of graduates on the labour market

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