Romania's seasonally adjusted unemployment rate edged up to 3.9 percent in July 2019 from a downwardly revised 3.8 percent in the previous month, with the number of unemployed rising by 10.4 thousand to 351.6 thousand. The unemployment rate increased for men (4.4 percent vs 4.1 percent), while slipped for women (3.3 percent vs 3.4 percent). Unemployment Rate in Romania averaged 6.40 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 4.00 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 3.90 percent in 2020, according to our econometric models.

Romania Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
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 4.0% 3.9% 3.9%
2019-08-30 06:00 AM Unemployment Rate Jul 3.9% 3.8% 4%
2019-09-30 06:00 AM Unemployment Rate Aug 3.9% 3.9%
2019-10-31 07:00 AM Unemployment Rate Sep 4%
2019-11-29 07:00 AM Unemployment Rate Oct 4%


Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.80 8.70 3.80 percent [+]
Employed Persons 4980.10 4979.50 8496.00 4095.20 Thousand [+]
Unemployed Persons 262.00 257.60 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 147.50 161.30 161.30 2.30 Index Points [+]
Job Vacancies 1.11 1.18 2.14 0.50 percent [+]
Wages 5091.00 5127.00 5127.00 1.02 RON/Month [+]
Wages in Manufacturing 4429.00 4415.00 4429.00 203.00 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 53.90 54.40 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 128.30 123.40 172.40 47.30 Index Points [+]
Part Time Employment 496.90 495.80 1458.10 495.80 Thousand [+]
Wage Growth 12.90 13.30 283.30 -1.90 percent [+]
Wages Low Skilled 1430.00 1240.00 1430.00 1060.00 RON/Month [+]
Wages High Skilled 2880.00 2290.00 2880.00 1860.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.80 8.70 3.80 2004 - 2019 percent Monthly
SA




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.60 Jun/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.30 Aug/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Aug/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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