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Romania's jobless rate edges down at 5.4% m/m in May

Romania's jobless rate edges down at 5.4% m/m in May Romania jobless rate - May 2014 - May 2022 Source: INS

BUCHAREST (Romania), June 30 (SeeNews) - Romania's unemployment rate fell to 5.4% in May, unchanged compared to 5.5% the previous month, the national statistical office, INS, said on Thursday, citing provisional data.

On an annual comparison basis, Romania's jobless rate was 0.1 pp lower in May, INS said in a statement.

The number of unemployed people fell to 451,000 in May from 457,900 in April. Also, the number of unemployed people in May remained well below the value recorded for the same month of the previous year, of 451,700.

The jobless rate among women was 4.6% versus 6% among men.

The unemployment rate among adults aged between 25 and 74 was estimated at 4.3%. The percentage of unemployed people aged between 25 and 74 in the total number of unemployed was 73.9% in May.

Romania's workforce is estimated at about 9 million out of a population of some 19.3 million.

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