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October 24, 2021

Labor market in Romania, at a slightly slower pace

Optimism among Romanian employers remains resilient in the face of continuing uncertainty through much of the Eurozone. In accordance with the ManpowerGroup research, 19 per cent of employers are planning to increase their workforce between July and September 2013 – compared to 21 per cent of employers for the second quarter, a press release informs. With seasonal variations removed from the data, the Net Employment Outlook of +7% is a slight decrease when compared to the Outlook reported in the previous quarter. This Outlook is also a four percentage point drop from the Outlook reported during the same time last year. However, results for the third quarter do represent a continued trend of respectable hiring patterns seen over the course of the last two years, and employers in seven of 10 industry sectors expect to add to their payrolls by various degrees in the next three months. The survey of over 630 Romanian employers reveals that nine per cent anticipate cutbacks. Of those surveyed, 70 per cent of employers expect to maintain their current staffing levels. “ (…) Expected job growth may be limited since employers remain cautious about the talent screening processes and uncertainty associated with conditions in European and the US markets is still hanging over their heads and evidently influencing employer hiring plans,” said Valentin Petrof Country Manager of ManpowerGroup Romania.

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