The employment rate for Romania's working age population (15 - 64 years) was 63 percent in 2023, down 0.1 percentage points from the previous year, shows data released on Friday by the National Institute of Statistics (INS)."Just like in the previous years, the employment rate was higher for men (71.7 percent compared to 54.3 percent for female employment), as was the urban employment rate (68.6 percent compared to 57.1 percent in rural areas). The employment rate for young people (15 - 24 years) was 18.7 percent, and that for seniors (55 - 64 years) was 51.0 percent," the INS statement reads.Employees, whose number dropped by 60,100 from 2022, still accounted for the largest share (85.7 percent) of the total working population. In 2023, self-employed workers and unpaid family workers represented 13 percent of the employed population.By ownership form, the private sector absorbed 82.8 percent of the working population, the public sector concentrates 16.6 percent thereof, and 0.6 percent of the persons employed worked in the mixed sector.Of the total number of employed persons, 11.9 percent worked in agriculture, 33.2 percent in industry and construction, and 54.9 percent in the service sector.Almost 6.78 million people were active in non-agricultural jobs, the most significant shares being recorded by the manufacturing industry (22.2 percent), trade (19.7 percent), and construction (11.9 percent).Of the total number of people employed in 2023, 282,900 (3.7 percent) worked part-time, with the agricultural sector taking up the vast majority of this category (76.3 percent).Romania's unemployment rate was 5.6 percent, equal to the figure recorded in the previous year. By gender, the gap between male and female unemployment rates was 0.8 percentage points (5.9 percent for men, as to 5.1 percent for women), while by residential areas the gap was 5.8 percentage points (8.8 percent in rural areas compared to 3 percent in urban areas). The youth unemployment rate (15 - 24 years) was the highest - at 21.8 percent.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
