In 2020, in the EU, 9 in 10 people aged 15-19 years were still in education (89.5%). The older the age group, the smaller the proportion of young people in education: 49.5% of people aged 20-24 years, 14.4% of people aged 25-29 years and 4.8% of those aged 30-34 years were in education in 2020. Share of employment among students: highest in the Netherlands and lowest in Slovakia and Romania The pace of transition from school to the labour market varies across EU Member States, due to the influence of national systems of education and training, as well as other factors including national labour market characteristics and cultural determinants. In some countries, young people start working much earlier than in others, e.g. in the form of student jobs or paid traineeships. In 2020, 18.4 % of people aged between 15-24 years in the EU were in education and at the same time employed, while 2.5% of the same age group were in education but unemployed, looking for a job while studying. When compared with 2019, the number of people aged between 15-24 years who were in education and employed at the same time decreased by 3% (from 6.1 million in 2019 to 5.9 million in 2020). Meanwhile, the number of people aged between 15-24 years in education and unemployed at the same time increased by 16% (from 0.7 million in 2019 to 0.8 million in 2020). Among the EU Member States, the Netherlands had the highest share of pupils and students aged between 15-24 years that were employed while still in education in 2020 (57.8%), followed by Denmark (45.8%), Germany (38.7%) and Austria (35.2 %). In contrast, the lowest shares of employment among pupils and students aged 15-24 were found in Croatia and Hungary (both 3.3%), Italy (3.0%), Slovakia and Romania (both 2.5%). The highest share of pupils and students aged 15-24 who were unemployed (meaning that they were looking for a job and ready to start to work while studying) was recorded in Sweden (12.1%), followed by Finland (9.5%), Denmark and the Netherlands (both 6.3%). On the other hand, in Slovenia, Italy, Romania, Czechia and Croatia, less than 1% of pupils and students in that age group were unemployed.
The government is preparing a major overhaul of state-owned companies, deputy prime minister Oana Gheorghiu announced on Monday, November 24, unveiling plans for a unified registry and initial reforms targeting 10 key enterprises. According to her, Romania currently has 1,502 state-owned companies, including 230 at central level and 1,272 under local authorities. Among central entities, […]
Two Romanians reportedly forced open an emergency exit and ran after the plane that was preparing to take off for Bucharest from Cologne, southwestern Germany, on Friday, November 21. The two, aged 28 and 47, were late for boarding, at which point they broke an emergency window and activated a button to open a secured […]
NOËL, the longest-running designer gift fair in Romania, will hold its 16th edition on December 13–14 at Unirea Shopping Center in Bucharest. The event will feature more than 100 designers presenting handmade and curated gifts, including unique pieces, capsule collections, and seasonal items. The fair will host creators from Romania as well as artists from […]
Romania will celebrate its National Day on December 1 with a large military parade in Bucharest featuring Romanian and allied troops. The event will also showcase an extensive display of military equipment and aircraft at the Arch of Triumph. More than 2,900 servicemembers and specialists from the Ministry of National Defense, Interior Ministry, Romanian Intelligence […]
Romania’s leading bank, Banca Transilvania, announced the successful completion of its first AT1 (Additional Tier 1) bond issuance on the Dublin Stock Exchange. The final volume of subscribed orders reached over EUR 2.65 billion, representing an oversubscription 5.3 times higher than the amount BT intended to raise. More than 180 investors, a record in Banca […]
During the Executive Committee meeting on Thursday, November 20, the Romanian Gymnastics Federation decided to dissolve the national teams after a series of public accusations of harassment. The accusations are not new. At the end of October, upon returning to the country after the World Gymnastics Championships in Jakarta, 23-year-old athlete Denisa Golgotă revealed that […]
