Romania's seasonally adjusted unemployment rate edged down to 3.9 percent in May 2019 from a three-month high of 4.0 percent in the previous month, as the number of unemployed fell 3.1 thousand to 350.9 thousand. The unemployment rate was steady for men (at 4.3 percent), while inched lower for women (3.4 percent from 3.5 percent). Unemployment Rate in Romania averaged 6.42 percent from 2004 until 2019, reaching an all time high of 8.70 percent in January of 2004 and a record low of 3.90 percent in September of 2018.

Unemployment Rate in Romania is expected to be 3.90 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 3.70 in 12 months time. In the long-term, the Romania Unemployment Rate is projected to trend around 4.40 percent in 2020, according to our econometric models.

Romania Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-01 06:00 AM Unemployment Rate Feb 3.8% 3.9% 3.7%
2019-05-03 06:00 AM Unemployment Rate Mar 3.8% 3.8% 3.6%
2019-06-04 06:00 AM Unemployment Rate Apr 4.0% 3.9% 3.7%
2019-07-01 06:00 AM Unemployment Rate May 3.9% 4.0% 3.9%
2019-07-31 06:00 AM Unemployment Rate Jun 3.9% 3.9%
2019-08-30 06:00 AM Unemployment Rate Jul 3.7%
2019-09-30 06:00 AM Unemployment Rate Aug 3.7%


Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.00 8.70 3.90 percent [+]
Employed Persons 4978.70 4978.60 8496.00 4095.20 Thousand [+]
Unemployed Persons 254.60 261.90 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 2.00 1.90 5.30 1.70 percent [+]
Youth Unemployment Rate 15.40 15.40 25.50 15.30 percent [+]
Labour Costs 161.30 108.00 161.30 2.30 Index Points [+]
Job Vacancies 1.18 1.20 2.14 0.50 percent [+]
Wages 5078.00 5105.00 5105.00 1.02 RON/Month [+]
Wages in Manufacturing 4370.00 4401.00 4401.00 203.00 RON/Month [+]
Minimum Wages 446.02 407.45 446.02 24.53 EUR/Month [+]
Population 19.52 19.64 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 54.40 56.00 67.80 52.70 percent [+]
Living Wage Family 2160.00 2200.00 2200.00 2100.00 RON/Month [+]
Living Wage Individual 1300.00 1330.00 1330.00 1250.00 RON/Month [+]
Productivity 123.40 172.40 172.40 47.30 Index Points [+]
Part Time Employment 496.90 495.80 1458.10 495.80 Thousand [+]
Wages High Skilled 2880.00 2290.00 2880.00 1860.00 RON/Month [+]
Wages Low Skilled 1430.00 1240.00 1430.00 1060.00 RON/Month [+]
Employment Change 0.10 0.00 8.10 -11.60 percent [+]
Employment Rate 64.20 64.50 69.10 55.40 percent [+]
Full Time Employment 7732.50 7807.40 8640.40 7228.10 Thousand [+]


Romania Unemployment Rate

In Romania, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.90 4.00 8.70 3.90 2004 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 13.00 Apr/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 Jun/19
Indonesia 5.01 Mar/19
Russia 4.40 Jun/19
South Korea 4.00 Jun/19
United Kingdom 3.80 May/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.40 Jun/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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