One in seven Romanian employees at poverty risk

EU

The share of employees in the area of poverty risk has decreased by 2.4 percentage points in Romania over the last 10 years, but remains the highest in the European Union, local media reports.

Thus, almost one in seven employees in Romania (some 15.3%) were at risk of poverty in 2018, according to Eurostat data quoted by business paper Ziarul Financiar.

The share of population at poverty risk provides information about the income discrepancies. According to Eurostat methodology, the definition of poverty risk is a level of income that is less than 60% of the median of the available income for the total population.

The decrease in the share of the population at poverty risk thus indicates a certain improvement in the income discrepancies, which nonetheless remain the widest among EU countries, portal Romania-insider says.

ADVERTISEMENT

Business confidence improves as consumer sentiment worsens Analysis

Business confidence improves as consumer sentiment worsens

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

New financial director at Heineken Hungária Appointments

New financial director at Heineken Hungária

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.