Youth Unemployment Rate in Romania remained unchanged at 21.30 percent in March from 21.30 percent in February of 2021. source: EUROSTAT

Youth Unemployment Rate in Romania averaged 19.34 percent from 1997 until 2021, reaching an all time high of 25.50 percent in October of 2011 and a record low of 15.30 percent in January of 1998. This page provides the latest reported value for - Romania Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Youth Unemployment Rate - values, historical data and charts - was last updated on August of 2021.

Youth Unemployment Rate in Romania is expected to be 15.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Romania to stand at 15.40 in 12 months time. In the long-term, the Romania Youth Unemployment Rate is projected to trend around 15.30 percent in 2022 and 14.60 percent in 2023, according to our econometric models.

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Romania Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
21.30 21.30 25.50 15.30 1997 - 2021 percent Monthly
SA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.50 8.70 3.60 percent [+]
Employed Persons 4962.80 4954.20 8496.00 4095.20 Thousand [+]
Unemployed Persons 267.50 276.90 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 2.00 1.70 5.30 1.20 percent [+]
Youth Unemployment Rate 21.30 21.30 25.50 15.30 percent [+]
Labour Costs 160.80 122.00 165.40 2.10 points [+]
Job Vacancies 0.73 0.79 2.14 0.50 percent [+]
Wages 5695.00 5804.00 5906.00 1.02 RON/Month [+]
Wages in Manufacturing 4911.00 5086.00 5208.00 203.00 RON/Month [+]
Minimum Wages 466.72 458.07 466.72 24.53 EUR/Month [+]
Population 19.33 19.41 23.21 18.32 Million [+]
Retirement Age Women 61.67 61.42 61.67 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 55.20 55.50 67.80 52.70 percent [+]
Part Time Employment 314.90 449.60 1458.10 314.90 Thousand [+]
Productivity 134.70 120.60 134.70 40.50 points [+]
Wage Growth 4.80 6.20 283.30 -1.90 percent [+]
Full Time Employment 7244.80 7818.20 8640.40 7228.10 Thousand [+]
Employment Change -9.40 0.20 4.30 -10.40 percent [+]
Employment Rate 60.80 65.80 69.10 55.40 percent [+]