Long Term Unemployment Rate in Romania increased to 2 percent in the first quarter of 2021 from 1.70 percent in the fourth quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Romania averaged 3.06 percent from 1997 until 2021, reaching an all time high of 5.30 percent in the fourth quarter of 2003 and a record low of 1.20 percent in the second quarter of 2020. This page provides - Romania Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Long Term Unemployment Rate - values, historical data and charts - was last updated on October of 2021.

Long Term Unemployment Rate in Romania is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Long Term Unemployment Rate is projected to trend around 1.50 percent in 2022 and 0.80 percent in 2023, according to our econometric models.

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Romania Long Term Unemployment Rate


Romania Last Unit Reference Previous Highest Lowest
Long Term Unemployment Rate 2.00 percent Mar/21 1.70 5.30 1.20
Youth Unemployment Rate 19.50 percent Jun/21 19.50 25.80 15.30
Labour Costs 140.40 points Jun/21 160.10 165.40 2.10
Minimum Wages 466.72 EUR/Month Sep/21 458.07 466.72 24.53
Population 19.33 Million Dec/20 19.41 23.21 18.32
Productivity 134.10 points Jun/21 134.70 134.70 40.50
Part Time Employment 302.70 Thousand Jun/21 314.90 1458.10 302.70
Full Time Employment 7452.80 Thousand Jun/21 7244.80 8640.40 7228.10
Employment Change -9.40 percent Mar/21 0.20 4.30 -10.40


Romania Long Term Unemployment Rate
In Romania, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.