Romania Retirement Age - Women - Forecast

Retirement Age Women in Romania is expected to be 60.92 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Retirement Age - Women is projected to trend around 61.42 in 2020, according to our econometric models.


Forecast Data Chart
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Romania Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 4.2 4.1 4 4.2 4.5 5.4
Employed Persons 4940 4948 4951 4952 4952 4952
Unemployed Persons 305 304 305 304 304 304
Long Term Unemployment Rate 1.9 1.78 1.74 1.73 1.71 1.64
Youth Unemployment Rate 16.8 17.32 17.36 17.35 17.35 17.35
Labour Costs 139 128 125 125 124 124
Job Vacancies 1.25 1.27 1.25 1.27 1.25 1.25
Wages 4510 3800 4100 4200 4553 4800
Wages in Manufacturing 3982 3400 3420 3500 4586 3650
Minimum Wages 407 407 407 450 450 500
Population 19.52 19.52 19.52 19.45 19.39 19.36
Retirement Age Women 60.92 60.92 60.92 61.17 61 61.42
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 53.8 56.45 54.39 54.11 56.84 54.5
Living Wage Family 2210 2300 2300 2400 2162 2400
Living Wage Individual 1370 1298 1293 1298 1303 1309
Productivity 128 133 133 133 133 133
Part Time Employment 555 570 534 562 586 561
Wages Low Skilled 1350 1400 1400 1400 1244 1480
Wages High Skilled 2760 2800 2800 2850 2253 2900
Employment Change -0.3 -0.26 0.01 -0.16 -0.27 -0.18
Employment Rate 63.1 66.01 63.78 63.57 66.47 63.87
Full Time Employment 7635 7960 7774 7684 7900 7801