Romania's seasonally adjusted unemployment inched up to 5.7 percent in February 2021 from 5.6 percent in the previous month. This was the highest jobless rate since September 2016, as the number of unemployed increased by 4,543 to 478.4 thousand. Meanwhile, the jobless rate declined for men (5.6 percent vs 5.7 percent in January), while increased for women (5.8 percent vs 5.5 percent) increased. source: Institutul National de Statistica
Unemployment Rate in Romania averaged 6.25 percent from 2004 until 2021, reaching an all time high of 8.70 percent in January of 2004 and a record low of 3.60 percent in January of 2020. This page provides the latest reported value for - Romania Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Unemployment Rate in Romania is expected to be 7.50 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 6.50 in 12 months time. In the long-term, the Romania Unemployment Rate is projected to trend around 4.90 percent in 2022 and 4.20 percent in 2023, according to our econometric models.