Slight drop in the unemployment rate

In the fourth quarter of 2022, the employment rate of the population aged 20-64 was 68.5%, according to the INS.

In the fourth quarter of 2022, the active population of Romania was 8256.9 thousand people, of which 7778.8 thousand people were employed and 478.1 thousand people were unemployed.

The employment rate of the working-age population (15-64 years) was, in the fourth quarter of 2022, 62.8%, down from the third quarter of 2022 by 0.6 percentage points. The employment rate was higher for men (71.0% compared to 54.5% for women), respectively for people from urban areas (68.1% compared to 56.6% in rural areas).

The employment rate of young people (15-24 years) was 19.6%.

The unemployment rate in the fourth quarter of 2022 was 5.8%, up by 0.4 percentage points compared to that recorded in the third quarter of 2022.

By gender, the difference between the two unemployment rates was 1.2 percentage points (6.3% for men versus 5.1% for women), and by residential environments, by 6.1 percentage points (9.3 % in rural areas, compared to 3.2% in urban areas).

By age group, the unemployment rate reached the highest level (22.7%) among young people (15-24 years old).

Distinct from the 7778.8 thousand employed people, another 655.4 thousand people worked in their own agricultural household, to produce agricultural goods intended exclusively or mostly for self-consumption, these being in one of the following situations:

– either the majority of the production obtained in the household was consumed in the own household and only a small part of the agricultural production obtained was intended for sale, – or the agricultural production obtained is intended exclusively for own consumption and represents a substantial part of the total consumption of the household.

The persons in the above categories, included in the employed population according to the survey methodology used until 2020 (inclusive), are, starting from the first quarter of 2021, considered inactive or unemployed persons (depending on whether or not the 3 criteria used in definition of BIM unemployment).

Together with employed people, they make up the “productive population” whose number was 8434.2 thousand people in the fourth quarter of 2022. This indicator is defined only in a national context.

The rate of the productive population – calculated for the age group 15-64 years – was in the fourth quarter of 2022 of 66.2%, and that for the age group 20-64 years, 72.0%.

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