Labour Costs in Romania decreased to 114.90 points in the third quarter of 2021 from 140.40 points in the second quarter of 2021. source: EUROSTAT

Labour Costs in Romania averaged 73.91 points from 1995 until 2021, reaching an all time high of 165.40 points in the first quarter of 2020 and a record low of 2.10 points in the third quarter of 1995. This page provides - Romania Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Unit Labour Costs - values, historical data and charts - was last updated on January of 2022.

Labour Costs in Romania is expected to be 129.42 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Unit Labour Costs is projected to trend around 137.83 points in 2022 and 147.06 points in 2023, according to our econometric models.

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Romania Unit Labour Costs


Related Last Previous Unit Reference
Long Term Unemployment Rate 1.90 2.00 percent Jun/21
Youth Unemployment Rate 20.30 20.30 percent Sep/21
Labour Costs 114.90 140.40 points Sep/21
Minimum Wages 466.72 458.07 EUR/Month Sep/21
Population 19.33 19.41 Million Dec/20
Productivity 132.40 134.10 points Sep/21
Part Time Employment 259.50 302.70 Thousand Sep/21
Full Time Employment 7429.50 7452.80 Thousand Sep/21
Employment Change -9.40 0.20 percent Mar/21