workforce

The average working life of Romanians is approximately 32 years, after which they retire, the shortest average working life in the EU. Surprisingly, in the last 10 years, the duration of working life in Romania actually decreased, by...

Hourly labour cost increased by 15.6% in the second quarter of 2018 compared to the same period of 2017 (+ 9.36%, compared to Q1 2018), according to data announced by INS. It is a higher and increasing pace...

The hourly labour cost increased in the first quarter of 2018 by 12.72% compared to the same period in 2017, according to the data announced by INS. It is a decreasing pace from a level of 14.29% recorded...

Romania has one of the highest percentages of young unemployed people who would not leave their hometown to find a job (either in the country or abroad), according to a Eurostat survey on the mobility of this social...

2017 was the first year when the share of foreign (third states) workers initially established – instead of 3,000 permanent workers, as estimated initially based on the employers’ demand, there have been 3,211 people employed. It was a...

BNR made a thorough analysis of Romania’s status in terms of real convergence with Western economies. A precondition for adopting the euro, in line with the treaty signed at the moment of the EU accession. Here are the...