Romania has the eighth lowest unemployment rate in EU, of 4.3 pct

Newsroom 02/10/2018 | 10:46

Romania has the eight lowest unemployed rate in the EU, with 4.3 percent according to Eurostat which estimates that 16.657 million people were unemployed IN the Union in August 2018.

Compared with July 2018, the number of persons unemployed decreased by 114,000 in the EU28 and by 102,000 in the euro area, but in Romania the unemployed rate increased with 0.1 percent.

Among the Member States, the lowest unemployment rates in August 2018 were recorded in the Czech Republic (2.5 percent), Germany and Poland (both 3.4 percent). The highest unemployment rates were observed in Greece (19.1 percent in June 2018) and Spain (15.2 percent).

In August 2018, 3.315 million young persons (under 25) were unemployed in the EU28. The youth unemployment in Romania is around EU average, under 15 percent.

The lowest rates were observed in Germany (6.2 percent), the Czech Republic (6.3 percent) and the Netherlands (7.7 percent), while the highest were recorded in Greece (39.1 percent in June 2018), Spain (33.6 percent) and Italy (31 percent).