NSI: Unemployment rate down slightly in November 2024 compared to October

Business Forum
The unemployment rate in Romania reached 5.3% in November 2024, down by 0.1 percentage points compared to October 2024, data released on Wednesday by the National Institute of Statistics (NIS) show. The unemployment rate for men was 0.5 percentage points higher than for women.

The number of unemployed persons (aged 15-74) estimated for November 2024 was 435,600 persons, down from the previous month (441,100 persons) and from the same period of the previous year (449,400 persons).

By gender, the unemployment rate for males exceeded that for females by 0.5 percentage points (the values were 5.5% for males and 5% for females).

The NIS notes that the youth (15-24 year olds) unemployment rate remains elevated at 25.3% from July through September 2024.

For adults (ages 25-74), the unemployment rate was estimated at 4% for November 2024 (3.8% for females and 4.1% for males).

The number of unemployed 25-74 year olds is 70.9% of the total number of unemployed estimated for November 2024.

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