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Romania's jobless rate edges down to 5.4% in Oct

Dec 4, 2023, 11:56:00 AMArticle by Razvan Timpescu
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December 4 (SeeNews) - Romania's unemployment rate stood at 5.4% in October, 0.1 percentage points lower than the value recorded a month earlier, the statistical office said on Monday, quoting provisional data.

Romania's jobless rate edges down to 5.4% in Oct
Romania's jobless rate as of October 2023 Source: INS

Compared to October 2022, Romania's jobless rate was 0.3 percentage points lower, the statistical office said in a monthly report.

Registered unemployed in Romania numbered 446,500 in October, compared to 448,700 in September and 460,600 in October 2022.

The jobless rate among women in October was 5.1% versus 5.7% among men.

The unemployment rate among adults aged between 25 and 74 was estimated at 4.5%. Adults aged 25 to 74 who were jobless in October accounted for 77.6% of all unemployed people. Unemployment among people aged 15 to 24 remained high, at 21.1%.

Romania's workforce is estimated to have reached 8.27 million people in 2022, up from 8.21 million in 2021.

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