- In the fourth quarter of 2021, the employment rate for the population aged 20-64 years was 67.3%. - In the fourth quarter of 2021, the economically active population of Romania was 8238 thousand persons, out of which 7752thousand were employed persons and 486thousand unemployed persons. The employment rate of the working age population (15-64 years) was, in the fourth quarter of last year, 62.1%, decreasing compared to the third quarter of 2021 by 0.2 percentage points, according to data published on Friday by the National Institute of Statistics (INS).The employment rate was higher for men (71.1% compared to 52.9% for women) and for people in urban areas (67.8% compared to 55.2% in rural areas). The employment rate of young people (15-24 years old) was 20.8%.On the other hand, the unemployment rate in the fourth quarter of 2021 was 5.9%, up 0.6 percentage points from the third quarter of 2021.By gender, the gap between the two unemployment rates was 1.4 percentage points (6.5% for men compared to 5.1% for women), and for residential areas, 6.2 percentage points (9.5 percentage points, compared to 3.3% in urban areas).By age groups, the unemployment rate reached the highest level (23.4%) among young people (15-24 years).According to the INS, apart from the 7,752,000 people employed, another 719,000 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 the majority of the production obtained in the household was consumed in one's own household and only a small part of the agricultural production obtained was destined for sale, or the agricultural production obtained is destined exclusively for one's 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 65.9% in the fourth quarter of 2021, and that for the 20-64 age group, 71.2%.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
