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May 8, 2021
BUSINESS

Romania, 3rd place in EU as share of low-income employees

Romania is third in the European Union regarding the share of low income employees compared to the 25.6 per cent national average, being overtaken by Latvia and Lithuania, while the EU indicator is 17 per cent, according to a Eurostat report. In Latvia, 27.8 per cent of the employees are on a low-income and in Lithuania – 27.2 per cent. Romania (25.6 per cent) is followed by Poland (24.2 per cent) and Estonia (23.8 per cent). The lowest rates are in Sweden, where only 2.5 per cent of the employees have a low income, Finland – 5.9 per cent, France – 6.1 per cent, Belgium – 6.4 per cent and Denmark – 7.7 per cent, according to the Eurostat report using 2010 data. Low-income employees are considered those employees making two thirds or less of the gross hourly national average pay. Romania as a threshold hourly pay of EUR 1.3 for the determination of the low income category, higher than Bulgaria’s, where it is EUR 1.The highest upper limit of the low income category is registered in Denmark – EUR 16.6 /h, followed by Ireland – EUR 12.2/h.

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