Business in Romania blog: Doing business in Romania and business issues

The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.

Sitemap | Feedback | Doing Business in Romania report | Opening a Business in Romania | RSS for this Blog

Friday, April 15, 2005

Unemployement down to 6%

Romania's March unemployment rate fell to 6.0%, from 6.2% the previous month, the national employment agency ANOFM said on Thursday.

The western county of Hunedoara had the highest unemployment rate of 10.9% in March. The lowest rate of 2.3% was registered in the counties of Bihor and Timis, located in northwestern and western Romania, respectively.

Unemployment fell steadily last year to 6.8% due to strong economic growth, which came at 8.1% through the third quarter, beating the government forecast of 6.5%.

In November ANOFM added 0.1 percentage points to the unemployment rate calculated for each of the first 10 months of 2004 to reflect changes in population numbers.

Posted by Mihai : 4/15/2005 07:23:00 pm