Romania's seasonally adjusted unemployment rate stood at 4.0 percent in November 2019, unchanged from the previous month, as the number of unemployed fell by 1.2 thousand to 366 thousand. Meanwhile, the unemployment rate for men was unchanged (at 4.4 percent) while that for women edged up (3.5 percent vs 3.4 percent). Unemployment Rate in Romania averaged 6.35 percent from 2004 until 2019, reaching an all time high of 8.70 percent in January of 2004 and a record low of 3.80 percent in June of 2019.
Unemployment Rate in Romania is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Romania to stand at 4.00 in 12 months time. In the long-term, the Romania Unemployment Rate is projected to trend around 3.90 percent in 2020, according to our econometric models.