Romania Jobless Rate Slightly Down in August

HR

Photo by Fizkes / Shutterstock.com

Romania's seasonally adjusted unemployment rate edged down to 5.4% in August from a 5.5% rise in the previous month, data released by the Bucharest-based National Institute of Statistics (INS) on Monday show.

Compared to August 2022, the jobless rate fell also 0.1 percentage points. It marked the lowest jobless rate since September 2021, as the number of unemployed persons declined by 8.800 from a month earlier to 446.600.

In August 2022, the number of unemployed was 448.900. Adults aged 25 to 74 who were without a job in August this year represented 77.8% of all unemployed people. Unemployment among people aged 15 to 24 remained high at 22.3%.

Among genders, unemployment rate for men (5.9% vs 5.8% in July) inched up, while slightly decreased for women (4.9% vs 5.2%). 

Warning Issued About Physical Labor in Coming Heat Wave Weather

Warning Issued About Physical Labor in Coming Heat Wave

KDNP Pulls out of EPP After Tisza Joins Elections

KDNP Pulls out of EPP After Tisza Joins

Magyar Telekom Announces Share Buyback for June 19-26 Telco

Magyar Telekom Announces Share Buyback for June 19-26

Sziget Festival Returning With a Bang in 2024 In Budapest

Sziget Festival Returning With a Bang in 2024

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.