- In the third quarter of 2021, the employment rate1 for the population aged 20-64 years was 67.6%. - In the third quarter of 2021, the economically active population of Romania was 8227 thousand persons, out of which 7791thousand were employed persons and 436thousand unemployed persons. The employment rate of the working age population (15-64 years) was 62.3% in Q3. 2021, down 0.1 percentage points from the previous quarter, according to data released Friday by the National Institute of Statistics (INS).The employment rate was higher for men (71.2% compared to 53.1% for women) and for people in urban areas (67.2% compared to 56.3% in rural areas).According to INS data, the employment rate of young people (15-24 years old) was 20.6%.On the other hand, the unemployment rate in Q3, 2012 was 5.3%, up 0.2 percentage points from the previous quarter.By gender, the gap between the two unemployment rates was one percentage point (5.7% for men compared to 4.7% for women), and by residential area, 4.5 percentage points (7.9% in rural areas, compared to 3.4% in urban areas).By age groups, the unemployment rate reached the highest level (21.5%) among young people (15-24 years).INS states that, apart from the 7,791,000 employed people, another 837,000 people worked in their own farm, to produce agricultural goods intended exclusively or mostly for self-consumption, these being in one of the following situations: either only a small part of the obtained agricultural production is destined for sale, or the obtained agricultural production is destined exclusively for own consumption and represents a substantial part of the total consumption of the household.The rate of the productive population - calculated for the 15-64 age group was 66.6% in Q3, 2021, and 72% that for the 20-64 age group.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]