International Journal of Academic Research in Economics and Management Sciences

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The Influence of Employment Rate and Unemployment Benefits on Household Expenses

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This paper aims to analyze the relationship between the employment rate of people aged 15-19, unemployment benefit (unemployed without work experience) and the expences level of Romanian population. It also seeks to identify the sources that sustain population expenses. For the analysis it was taken in consideration the period 2001-2013. The data used in this work are those of National Institute of Statistics. We calculated correlations between these parameters, resulting in a weak correlation between them, which would lead to the conclusion that an increase in spending does not take place due to increasing employment and it is not always supported by the increasing of unemployment benefits. It is demonstrated by this what Michel Didier said, "consumers do not seem to be prepared to give up their habits" and they fulfill these "habits" by using their savings or with a help from their families.