labour force

Demography, low payment discipline in the economy and the low level of financial intermediation – these are the main structural vulnerabilities Romania is facing, the National Bank of Romania (BNR) has revealed on Monday in the document…

Prime Minister, Viorica Dancila, has said on Wednesday that the Government aims a real strategic partnership with the large companies willing to invest in Romania, and that soon a state aid scheme for private investments over EUR 10 million…

More than 70% of the Romanians living abroad want to return home in the next five years, but they have to find proper conditions in Romania, Ilan Laufer, Minister for Business Environment, Trade and Entrepreneurship has said on Tuesday.…

Romanian companies are increasingly pressed as the labour force becomes more expensive: in Q2 2017, the hourly labour cost grew by 18.6% as compared to the same period last year, Romania being the leader in the European Union by percentage…

Automobile Dacia, OMV Petrom Marketing and OMV Petrom are the Romanian companies on the highest positions among the ones listed in the Top 500 Companies in Central and Eastern Europe (13th, 22nd and 31st positions respectively), presented…

The government’s persistence in boosting public wages and the minimum wage, with productivity failing to keep the pace, the consequence is a hit to competitiveness, says Lucian Croitoru, monetary-policy adviser to central bank Governor…

More than half of the total employed population - 52.7% works in atypical periods, such as in the evening, at night or during the weekends, Diana Popa, expert with the National Institute of Statistics (INS) said on Thursday when presenting…

The wage increases are inevitable, yet the movement of the workforce enhances them – National Bank Governor Mugur Isarescu said on Wednesday. “Several quarters ago I presented the index on tensioning the labour force market. Now things…

“Romania’s economy specializes in uncompetitive areas in the European area, generate low added value and labour is cheap and unskilled. This produces a significant economic impact both on short-term (reflected in the purchasing power of the…

The National Statistics Institute (INS) has reviewed the data regarding unemployment in the previous months. According to the review, in September the number of unemployed was of 521,747 and the unemployment rate was of 5.8%. Preliminary…