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June 22, 2021
BUSINESS

Highest unemployment rate in seven years – 8.1 pc in January

Private environment provides 4.5 times more unemployed than the state field.

Mehedinti (14.5 per cent), Vaslui (13.5 per cent), Alba (13.4 per cent) are the counties with the highest level of unemployment, while Bucharest (2.4 per cent), Ilfov (2.6 per cent) and Timis (4.4 per cent) register the lowest rates, reads a press release of the National Employment Agency.


The total number of unemployed exceeds 740,000 persons, of whom the men are more than half.


The unemployment rate exceeded the average of 8.1 per cent, a level comparable only with the year 2003, when the unemployed had risen to 8.6 per cent. In January were registered 31,599 more unemployed (740,982 persons) than in December 2009. According to ANOFM press release, out of the 740,000 unemployed, 605,371 come from the private environment, being 4.5 times more than those laid off by the state units.


According to the estimates of the IMF officials, the unemployment rate could rise this year to 10 per cent in Romania, but it is expected to drop in the second half of the year when the economic activities are resumed. The lowest unemployment rates are in Bucharest (2.4 per cent) and in the counties of Ilfov (2.6 per cent), Timis (4.4 per cent), Bihor (6.2 per cent), Cluj (6.5 per cent), Constanta and Maramures (6.7 per cent).


PDL president Emil Boc declared, after the meeting of the National Permanent Bureau, that the Government will issue until the end of February a normative act through which the firms which hire unemployed will benefit from certain fiscal discounts for the payment of the social insurance contributions. Romania’s Labor Minister, Mihai Seitan, declared at the end of December the unemployment rate will hike to 8 – 8.5 percent in the first quarter, but will decrease to 7.3 percent at year-end. He also mentioned 70,000 – 80,000 jobs could be removed from the budgetary system in 2010.

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