Romania's unemployment rate falls to 25-year low

Romania’s unemployment rate falls to 25-year low

Romania’s unemployment rate fell to 3.99 percent in January, the lowest in 25 years, more than a third of jobless persons having a low level of education, government data showed on Friday.

According to the National Agency for Workforce Occupancy (ANOFM), the unemployment rate fell 0.03 percentage point from December.

At the end of January, 348,963 persons were registred at local workforce occupancy agencies across the country and 74,343 persons were receiving unemployment benefits.

Unemployment among women dropped 0.06 point from December to 3.7 percent, while the jobless rate for men rose 0.01 point to 4.24 percent.

More than a third (35.6 percent) of all unemployed people had a low level of education (primary school or without education) and only 4.8 percent of unemployed people had university degree.