Romania's seasonally adjusted unemployment rate edged lower to 3.9 percent in December 2019, the lowest in four months, from 4.0 percent in the previous month. The number of unemployed fell by 122 thousand to 354 thousand. Meanwhile, the unemployment rate was lower for both men (4.2% vs 4.4%) and women (3.4% vs 3.5%). Romania Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Unemployment Rate in Romania averaged 6.33 percent from 2004 until 2019, reaching an all time high of 8.70 percent in January of 2004 and a record low of 3.80 percent in June of 2019. 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.
Unemployment Rate in Romania is expected to be 3.80 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 4.00 in 12 months time. In the long-term, the Romania Unemployment Rate is projected to trend around 3.90 percent in 2021, according to our econometric models.