Romania's ILO-defined unemployment rate, seasonally adjusted, decreased for a third consecutive month in February when it reached 7.1% for the 15-74 age group, the statistics office reported on its website. The unemployment rate hit 7.7% in September last year. It was 7.1% in February 2011. For the 25-74 age group, the unemployment rate followed a similar pattern over the past year, reaching a peak of 6.1% in September and easing to 5.5% in February - flat from a year earlier. ILO unemployment measures the persons actively seeking jobs, while the registered unemployment reports people that applied to the labour bureaus for a job. |
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
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
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