Retirement Age Men in Romania is expected to be 65.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Retirement Age - Men is projected to trend around 65.00 in 2020, according to our econometric models.


Forecast Data Chart
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Romania Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 4.1 4 4.2 4.5 4.8 5.4
Employed Persons 4940 4944 4944 4943 4943 4943
Unemployed Persons 297 290 292 292 292 292
Long Term Unemployment Rate 1.8 1.72 1.7 1.68 1.66 1.6
Youth Unemployment Rate 16.6 16.63 16.63 16.63 16.63 16.63
Labour Costs 139 125 125 124 124 124
Job Vacancies 1.25 1.25 1.27 1.25 1.27 1.25
Wages 4482 4100 4200 4465 4465 4800
Wages in Manufacturing 3892 3420 3500 4259 4367 3650
Minimum Wages 407 407 450 450 450 500
Population 19.52 19.52 19.45 19.39 19.45 19.36
Retirement Age Women 60.92 60.92 61.17 60.92 60.92 61.42
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 55.7 53.67 53.53 55.35 55.15 53.6
Living Wage Family 2160 2300 2400 2163 2156 2400
Living Wage Individual 1300 1319 1308 1302 1297 1293
Productivity 128 133 133 133 133 133
Part Time Employment 595 527 554 572 554 551
Wages Low Skilled 1430 1400 1400 1305 1328 1480
Wages High Skilled 2880 2800 2850 2507 2578 2900
Employment Change -0.3 -0.18 -0.21 -0.27 -0.25 -0.25
Employment Rate 65.5 63.29 63.19 65.37 65.11 63.32
Full Time Employment 7912 7770 7680 7889 7943 7795