Romania's seasonally adjusted unemployment rate inched lower to an all-time low of 3.8 percent in February 2019 from 3.9 percent in the previous month, as the number of unemployed dropped 3.8 thousand to 350 thousand. Unemployment Rate in Romania averaged 6.46 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 February of 2019.
Unemployment Rate in Romania is expected to be 3.50 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 3.50 in 12 months time. In the long-term, the Romania Unemployment Rate is projected to trend around 3.30 percent in 2020, according to our econometric models.