INS: The unemployment rate down to 6.8 pc in 2014

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The unemployment was of 6.8% in Romania in 2014, down from the previous year, and the employment rate of the working age population (15-64 years) reached 61%, according to data of the National Statistics Institute (INS) published on Friday.

In 2014, Romania’s active population was 9,243,000 people, of which 8,614,000 employed persons and 629,000 unemployed.

According to INS, the unemployment rate fell from 7.1% to 6.8% in 2014. Meanwhile, the unemployment rate among persons with higher education stood at 5.8%.

The gender gap in unemployment rates was of 1.2 percentage points (7.3% for men, compared to 6.1% for women), and on average 2.8 percentage points according to residential places (8.1% for urban versus 5.3% for rural).

The unemployment rate was the highest (24%) among the youth (15-24 years).

The number of employees went down against the previous year (-107,000 people) however it still hold the largest share (67.9%) in total employment.

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