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 exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
