Romania Youth Unemployment Rate - Forecast

Youth Unemployment Rate in Romania is expected to be 16.99 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 17.28 in 12 months time. In the long-term, the Romania Youth Unemployment Rate is projected to trend around 17.85 percent in 2020, according to our econometric models.


Romania Youth Unemployment Rate
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Romania Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.7 5.1 5 5.1 5.2 5.4
Employed Persons 4872 4889 4898 4907 4916 4984
Unemployed Persons 351 364 374 381 389 456
Long Term Unemployment Rate 2 2.28 2.31 2.35 2.38 2.62
Youth Unemployment Rate 16.8 16.99 17.09 17.19 17.28 17.85
Labour Costs 96.9 119 120 101 97.11 100
Job Vacancies 1.22 1.11 1.05 1.03 0.99 1
Wages 3430 3393 3388 3385 3383 3366
Wages in Manufacturing 3165 3063 3059 3055 3053 3031
Minimum Wages 319 340 340 340 340 420
Population 19.64 19.58 19.58 19.58 19.58 19.26
Retirement Age Women 60.67 61 61 61 61 62
Retirement Age Men 65 65 65 65 65 64
Wages High Skilled 2760 2189 2227 2266 2305 2177
Wages Low Skilled 1350 1199 1221 1243 1266 1199
Labor Force Participation Rate 56.6 53.42 56.17 56.43 54.08 54.86
Living Wage Family 2210 2178 2165 2153 2140 2157
Living Wage Individual 1370 1308 1303 1298 1293 1308
Part Time Employment 674 615 662 668 652 694
Productivity 152 117 120 151 153 151
Employment Change -0.6 -0.32 -0.33 -0.3 -0.3 -0.31
Employment Rate 65.3 61.55 64.97 65.03 61.9 62.41
Full Time Employment 7942 7634 7865 7878 7701 7786