Romanias ILO unemployment down 0.8pps y/y to 6.6% in January.

By bne IntelliNews March 4, 2013
The seasonally-adjusted ILO unemployment reported for the broad 15-74 age brackets decreased by 0.8pps y/y to 6.6% in January, the countrys statistics office reported. For the narrow brackets of 25-74 years, the decrease was only 0.7pps but the unemployment rate was also smaller, only 5.2% in January. Romanias ILO unemployment has been decreasing constantly over the past year from a maximum of 7.7% [the broad age brackets] in September 2011. Unemployment stayed at above 7.5% in 2010-2011 after the industrial companies have adjusted employment in 2009 and the government also attempted to reduce public employment during the recession years yet, it never exceeded 8%.

Romanias ILO unemployment down 0.8pps y/y to 6.6% in January.

Related Articles

Romania to spend EUR 37mn in 2013 to close down loss-making coal mines.

Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more

Romanias Hidroelectrica sells nearly 0.3TWh of electricity on free market.

Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more

Romania to start privatisation of cargo railway company on April 6-8.

The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335