Youth Unemployment Rate in Romania remained unchanged at 17.40 percent in March from 17.40 percent in February of 2020.

Youth Unemployment Rate in Romania averaged 19.38 percent from 1997 until 2020, 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 July of 2020.

Youth Unemployment Rate in Romania is expected to be 17.70 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 16.90 in 12 months time. In the long-term, the Romania Youth Unemployment Rate is projected to trend around 16.90 percent in 2021 and 14.20 percent in 2022, according to our econometric models.

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Romania Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
17.40 17.40 25.50 15.30 1997 - 2020 percent Monthly
SA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 4.80 8.70 3.70 percent [+]
Employed Persons 4908.60 4976.30 8496.00 4095.20 Thousand [+]
Unemployed Persons 249.60 251.90 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.60 1.50 5.30 1.50 percent [+]
Youth Unemployment Rate 17.40 17.40 25.50 15.30 percent [+]
Labour Costs 165.40 113.80 165.40 2.10 points [+]
Job Vacancies 0.84 0.95 2.14 0.50 percent [+]
Wages 5188.00 5201.00 5465.00 1.02 RON/Month [+]
Wages in Manufacturing 4205.00 4175.00 4772.00 203.00 RON/Month [+]
Minimum Wages 446.02 446.02 446.02 24.53 EUR/Month [+]
Population 19.41 19.53 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 55.10 55.80 67.80 52.70 percent [+]
Part Time Employment 498.10 504.20 1458.10 495.80 Thousand [+]
Productivity 121.20 121.60 121.60 40.50 points [+]
Wage Growth 8.80 8.00 283.30 -1.90 percent [+]
Full Time Employment 7899.80 7978.20 8640.40 7228.10 Thousand [+]
Employment Change -0.10 0.60 3.60 -10.40 percent [+]
Employment Rate 65.40 66.00 69.10 55.40 percent [+]