Romania's jobless rate rises to 5% in 2020

Figures

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Romania's unemployment rate rose to 5% in 2020, from 3.9% in the previous year, the Bucharest-based National Statistical Office (INS) said on Tuesday, citing provisional data.

Some 8.9 million people were economically active in Romania at the end of 2020, out of which 452,000 were unemployed, the statistics agency said. In 2020, the employment rate for population aged 20-64 years was 70.8%, 0.8 percentage points over the national target of 70% established in the context of Strategy Europe 2020.

The employment rate population aged between 15 and 64 years was 65.6%, decreasing by 0.2% percentage points as compared to the previous year. As in the previous years, the employment rate was higher for men (74.4% compared to 56.5% for women). By residence area, the employment rate was higher for residents from urban areas (67.1% as against 63.8% in rural areas).

The employment rate for youth aged between 15 and 24 years was 24.6%, while for elderly aged between 55 and 64 years was of 48.5%. Compared to 2019, employment decreased most significantly in manufacturing, agriculture, forestry and fishing in 2020.

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