Unemployment rate shows slight increase in May

May brings an increase of 0.2 percent in Romania’s unemployment rate as compared to the previous month, climbing to 7.1 percent, a press release from the National Institute of Statistics (INS) shows.

Year on year, the number also shows an increase, with 646,000 unemployed persons (aged 15 to 74 years) in May 2015 as opposed to 630,000 in 2014. Of this total number, adult unemployed persons (aged 25 to 74 years) account for 73.3 percent, reaching a rate of 5.6 percent (6.3 pct for men and 4.7 pct for women).

According to the breakdown by gender, men’s unemployment rate is 1.6 percentage points higher than that of women (the values being 7.8 pct for men and 6.2 pct for women).

Earlier this month the INS released a study showing that the most important source of income for Romanians are salaries and other associated revenues, making up to 51 percent of their total earnings. On the other hand, social income (revenue obtained from social protection benefits, including unemployment funds) covers almost 24 percent of total revenues.

Natalia Martian

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