unemployment
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ING: Low unemployment conceals informal employment
One of the reasons why the unemployment rate registered in Romania fell to less than 6% in March, reaching the last twelve months' low, might be expansion of informal employment, considering the number of salaried employees has gone down by more than 200,000 p...
Unemployment on a downward path for a year. Unemployment rate is under 6%
The unemployment rate reached 5.92% at the end of March, the 12th consecutive month of decline. Between February and March 2011, over 60,000 unemployed were removed from statistics, while th...
Romania is at a 50-year low in terms of employee numbers: 4,095 million
The number of legally employed workers reached 4.095 million at the end of January, according to data published by the Labour Ministry, which is the lowest number of employees in 50 years.
Unemployment down for ninth consecutive month after 20 months on the rise
The unemployment rate fell for the ninth consecutive month in December last year, to 6.87%, corresponding to nearly 630,000 unemployed.
53,000 college graduates unable to get a job
The number of higher education graduates claiming unemployment benefits reached nearly 53,000 in September, a record level for the last 20 years, considering that around 100,000 Romanians gr...
Most abrupt increase in unemployment since 1992
The last two years have been the harshest on the labour market since 1990, reveals a survey by Friedrich Ebert Romania Foundation. Unemployment rose from 3.7% in the summer of 2008 to 7.4% i...
ING Bank: NBR’s decisions are delaying the economy rebound and will make unemployment worse
Companies and people alike will stand to suffer and unemployment will rise even further as a result of NBR’s decision to halt the reduction of the key rate, because this way loans will no...
Unemployment hurting industrialised areas and Romanian companies
More than 1,800 employees of companies in Prahova county will be made redundant in the third quarter of this year, with constructions, transports and the food industry as the main fields tha...
Diosi, OTP: Rise in unemployment is a time bomb for banks
Small and medium-sized enterprises are the worst hit by the arrearage, because they have no reserves to help them through this difficult time. Personnel redundancies are creating another pro...