Employment Rate in Romania decreased to 60.80 percent in the first quarter of 2021 from 65.80 percent in the fourth quarter of 2020. source: Institutul National de Statistica

Employment Rate in Romania averaged 61.51 percent from 1996 until 2021, reaching an all time high of 69.10 percent in the third quarter of 1996 and a record low of 55.40 percent in the first quarter of 2003. This page provides - Romania Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Employment Rate - values, historical data and charts - was last updated on July of 2021.

Employment Rate in Romania is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Romania to stand at 67.80 in 12 months time. In the long-term, the Romania Employment Rate is projected to trend around 68.40 percent in 2022 and 69.50 percent in 2023, according to our econometric models.

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Romania Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
60.80 65.80 69.10 55.40 1996 - 2021 percent Quarterly
NSA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.50 8.70 3.60 percent [+]
Employed Persons 4954.20 4951.40 8496.00 4095.20 Thousand [+]
Unemployed Persons 267.50 276.90 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 2.00 1.70 5.30 1.20 percent [+]
Youth Unemployment Rate 21.30 21.30 25.50 15.30 percent [+]
Labour Costs 160.80 122.00 165.40 2.10 points [+]
Job Vacancies 0.73 0.79 2.14 0.50 percent [+]
Wages 5695.00 5804.00 5906.00 1.02 RON/Month [+]
Wages in Manufacturing 4911.00 5086.00 5208.00 203.00 RON/Month [+]
Minimum Wages 466.72 458.07 466.72 24.53 EUR/Month [+]
Population 19.33 19.41 23.21 18.32 Million [+]
Retirement Age Women 61.67 61.42 61.67 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 55.20 55.50 67.80 52.70 percent [+]
Part Time Employment 314.90 449.60 1458.10 314.90 Thousand [+]
Productivity 134.70 120.60 134.70 40.50 points [+]
Wage Growth 4.80 6.20 283.30 -1.90 percent [+]
Full Time Employment 7244.80 7818.20 8640.40 7228.10 Thousand [+]
Employment Change -9.40 0.20 4.30 -10.40 percent [+]
Employment Rate 60.80 65.80 69.10 55.40 percent [+]


Romania Employment Rate
In Romania, the employment rate measures the number of people who have a job as a percentage of the working age population.