Romania's seasonally adjusted unemployment rate inched higher to 4 percent in October 2018 from a record low of 3.9 percent in the previous month. The number of unemployed went up 15.3 thousand to 370 thousand from 355 in a month earlier. Meanwhile, the unemployment rate for men edged up (4.6 percent from 4.5 percent in September) while that for women was steady (at 3.2 percent). Unemployment Rate in Romania averaged 6.52 percent from 2004 until 2018, reaching an all time high of 8.90 percent in January of 2004 and a record low of 3.9 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 4.80 in 12 months time. In the long-term, the Romania Unemployment Rate is projected to trend around 5.40 percent in 2020, according to our econometric models.

Romania Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-31 06:00 AM Unemployment Rate 4.2% 4.2% 4.5%
2018-10-01 06:00 AM Unemployment Rate 4.3% 4.2% 4.2%
2018-10-31 07:00 AM Unemployment Rate 4.1% 4.3% 4.1%
2018-11-29 07:00 AM Unemployment Rate 4% 3.9% 4.1%
2019-01-09 07:00 AM Unemployment Rate
2019-01-31 07:00 AM Unemployment Rate 4%
2019-03-01 03:40 AM Unemployment Rate


Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 3.90 8.90 3.90 percent [+]
Employed Persons 4943.20 4939.80 8496.00 4095.20 Thousand [+]
Unemployed Persons 290.20 296.80 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.80 1.90 5.30 1.70 percent [+]
Youth Unemployment Rate 16.60 16.60 26.10 15.30 percent [+]
Labour Costs 105.00 139.30 142.60 2.30 Index Points [+]
Job Vacancies 1.30 1.25 2.14 0.50 percent [+]
Wages 4482.00 4449.00 4527.00 1.02 RON/Month [+]
Wages in Manufacturing 3892.00 3877.00 3982.00 203.00 RON/Month [+]
Minimum Wages 407.45 407.86 407.86 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 55.70 53.80 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 165.10 128.10 165.90 47.30 Index Points [+]
Part Time Employment 595.10 554.70 1458.10 504.60 Thousand [+]
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 -0.30 0.70 8.10 -11.60 percent [+]
Employment Rate 65.50 63.10 69.10 55.40 percent [+]
Full Time Employment 7911.60 7635.10 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.00 3.90 8.90 3.90 2004 - 2018 percent Monthly
SA




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.10 Aug/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
South Korea 3.90 Oct/18
China 3.82 Sep/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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