Romania’s unemployment rate slightly down to 5.3% in March
<p>The ILO seasonally-adjusted unemployment rate decreased to 5.3% in March, from 5.6% in February and 5.7% in January, Romania’s statistics office INS <a href="https://insse.ro/cms/sites/default/files/com_presa/com_pdf/somaj_bim_martie24r.pdf?mc_cid=bf570f20a8&amp;mc_eid=607bd7d763" rel="noopener" target="_blank">announced</a>.&nbsp;</p>

<p>Compared to a year ago, in March 2023 (5.5%), the unemployment rate was 0.2 percentage points (pp) lower.</p>

<p>The unemployment rate was higher among men (5.7%) than among women (4.9%) in March.</p>

<p>When it comes to the 25-74 age bracket, the ILO unemployment was only 4.2% in March, down from 4.5% in February and also 4.5% in March 2023, witnessing a much higher rate among the younger-age population (21.2% in Q4 last year, according to latest available data).</p>

<p><em>(Photo: <a href="https://www.dreamstime.com/" rel="noopener" target="_blank">Radub85/ Dreamstime</a>)</em></p>

<p><em>iulian@romania-insider.com</em></p>