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Monday, July 23, 2007

Romania unemployment rate falls to 7.0% in Q1 2007

According to the International Labor Organization, the unemployment rate for this year was 7.0%, with 0.2% less than the one registered in the previous trimester and with 0.8% than the rate registered last year informs the National Statistics Institute on Monday.

The rate evaluated by ILO was 1.8% higher than that announced by the National Agency for Employment in Romania.

By gender criteria, male unemployment stood at 7.8% while unemployment among women stood at 6.2%. In cities, the rate rises to 8.1% while in rural areas it falls to 5.8%.

The unemployment rate affected mostly individuals who graduated secondary schools and highschools as the rate was 7.5% and 8.0% as compared to university graduates, whose rate was 3.1%

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