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The result is in line with the regression model of Fransen et al. National Institute of Statistics building in Bucharest, Romania. "I think an unemployment rate of 6-7% is a healthy level for the economy," he commented.Lack of workforce used to be one of the major problems for companies operating in Romania before the COVID-19 crisis.The number of labor contracts terminated since the authorities instated the state of emergency in Romania, on March 16,...The seasonally-adjusted unemployment rate reported under ILO methodology increased to 4.6% in March from 3.9% in February, Romania's statistics office INS informed.The estimated number of unemployed persons thus increased by over 50,000 compared to February, to 409,555.ILO unemployment measures the share of working-age population actively seeking jobs.The military ordinances issued by the Government under the state of emergency, aimed at stopping the spread of the coronavirus, have led many companies to partially or wholly cease operations. “The EU28 unemployment rate was 7.0% in May 2018, stable compared with April 2018 and down from 7.7% in May 2017. All rights reserved. The .gov means it's official. Non-EU citizens must make the proof that they are legally allowed to work in Romania.In order to claim a benefit, the person must file a formal application with the National Agency for the Occupation of Workforce.

This has led to the highest unemployment rate in more than two years.March unemployment rate is still low compared to the levels expected in the coming months, the experts believe. The seasonally-adjusted unemployment rate reported under ILO methodology increased to 4.6% in March from 3.9% in February, Romania's statistics office INS informed.The estimated number of unemployed persons thus increased by over 50,000 compared to February, to 409,555.ILO unemployment measures the share of working-age population actively seeking jobs.The military ordinances issued by the Government under the state of emergency, aimed at stopping the spread of the coronavirus, have led many companies to partially or wholly cease operations. This region also has the fastest growth rates in sectors such as the building and real estate sector. and Consumer Credit Risk Solutions from According to estimations presented in Table 1, there is a direct relationship between unemployment rate and the search for jobs.On the other hand, hiring is negatively correlated with the unemployment rate. Romania's unemployment rate rises to two-year high in March 2020Romania's unemployment rate rises to two-year high in March 2020Romania's unemployment rate rises to two-year high in March 2020

the company visit 656/1997. Companies waited until the last moment to see what measures the state would take to support technical unemployment," says Sorina Donisa, CEO of the temporary recruitment and hiring company APT Resources & Services, quoted by Oana Botolan Datki, SEE managing partner of CTeam Human Capital, a company with activities in the human resources sector, expressed expectations for an 8% unemployment rate this year with the figure to reflect the full magnitude of the shock no sooner than May.Florin Godean, country manager at Adecco Romania & Hungary, is more optimistic and believes that the unemployment rate will reach a level of 6.9% in the third quarter, to further increase until the end of the year.
The rate of registered unemployment as at 31 March 2020 was 0.8%, the lowest at national level, with 15 700 unemployed persons. In September 2005, Bucharest had an unemployment rate of 2.6%, significantly lower than the national unemployment rate of 5.7%. Economic Data, Research, Advisory, Forecasting

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