- In 2021 the share of underemployed persons1 in the total economically active population was 1.4%, with 0.2 percentage points higher than the previous year2 - Potential additional labour force3 comprised a number of 227.5 thousand persons, decreasing with 9.5% as compared to the previous year - In 2021, the number of ILO unemployed was 459.2 thousand persons Romania's potential additional workforce was 227,500 strong in 2021, down 9.5 percent from the previous year, shows data from the National Institute of Statistics (INS).The share of underemployed people in the total active population was 1.4 percent in 2021, 0.2 percentage points higher than in the previous year, and there were 459,200 ILO unemployed.According to the INS, there are three types of 3 indicators for the various categories of employed or inactive population with certain similarities with the unemployed population and the various degrees of labor market attachment (compared to the standard situation of the category they belong to), specifically: underemployed; inactive people who are looking for a job but are not available to start working; inactive people who are not looking for a job but are available to start working.Together, the last two indicators ("inactive people looking for a job but not available to start work" and "inactive people not looking for a job but available to start work") make up the "potential additional workforce". The set of three indicators constitutes "areas" of differentiation and overlap between the employed and the unemployed population, on the one hand, and the unemployed and the inactive population, on the other hand.Of the inactive population aged 15 - 74 (6.355 million), 227,500 people were part of the potential additional workforce (down 24,000 from the previous year). Of these, 215,200 people were available to start work but were not looking for a job. In 2021, the percentage ratio between this category of persons and the active population was 2.6 percent. 12,300 people were looking for a job but were not available to start work.The INS reports that in 2021, 117,400 part-time workers wanted and were available to work more hours, being considered underemployed. This category accounted for 1.4 percent of the active population, 1.5 percent of the employed population and 39.7 percent of the total number of persons working part-time. Compared to the previous year, the number of underemployed persons increased by 15,700.According to the release, underemployed are employed people who work part-time and who want and are available to work more hours than at present. The potential additional workforce is the sum of two categories: "inactive people looking for a job but not available to start work" and "inactive people not looking for a job but available to start work".
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, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
