Employment Rate in Romania increased to 66 percent in the third quarter of 2020 from 65.20 percent in the second quarter of 2020. source: Institutul National de Statistica

Employment Rate in Romania averaged 61.47 percent from 1996 until 2020, 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 February of 2021.

Employment Rate in Romania is expected to be 68.30 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 68.30 in 12 months time. In the long-term, the Romania Employment Rate is projected to trend around 69.50 percent in 2021, according to our econometric models.

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Romania Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
66.00 65.20 69.10 55.40 1996 - 2020 percent Quarterly
NSA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.90 5.10 8.70 3.70 percent [+]
Employed Persons 4928.30 4926.40 8496.00 4095.20 Thousand [+]
Unemployed Persons 296.10 290.70 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.60 1.20 5.30 1.20 percent [+]
Youth Unemployment Rate 19.00 19.00 25.50 15.30 percent [+]
Labour Costs 121.00 157.10 165.40 2.10 points [+]
Job Vacancies 0.95 0.81 2.14 0.50 percent [+]
Wages 5906.00 5565.00 5906.00 1.02 RON/Month [+]
Wages in Manufacturing 5208.00 4922.00 5208.00 203.00 RON/Month [+]
Minimum Wages 458.07 460.77 466.23 24.53 EUR/Month [+]
Population 19.41 19.53 23.21 18.32 Million [+]
Retirement Age Women 60.92 60.67 60.92 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 55.10 54.50 67.80 52.70 percent [+]
Part Time Employment 471.70 543.10 1458.10 471.70 Thousand [+]
Productivity 116.00 109.40 121.60 40.50 points [+]
Wage Growth 8.10 7.10 283.30 -1.90 percent [+]
Full Time Employment 7825.50 7705.80 8640.40 7228.10 Thousand [+]
Employment Change -1.00 -3.10 3.80 -10.40 percent [+]
Employment Rate 66.00 65.20 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.