Romania's seasonally adjusted unemployment dropped to 4.9 percent in November 2020 from 5.1 percent in the previous month. This was the lowest jobless rate since March, as the number of unemployed decreased by 12,000 to 450 thousand. Meanwhile, the jobless rate for both men (5.1 percent vs 5.3 percent in November) and women (4.6 percent vs 4.8 percent) decreased. source: Institutul National de Statistica
Unemployment Rate in Romania averaged 6.26 percent from 2004 until 2020, reaching an all time high of 8.70 percent in January of 2004 and a record low of 3.70 percent in January of 2020. This page provides the latest reported value for - Romania Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Unemployment Rate in Romania is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Romania to stand at 6.90 in 12 months time. In the long-term, the Romania Unemployment Rate is projected to trend around 4.20 percent in 2022, according to our econometric models.