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Romania unemployment rate down to 4.2% in 2018

Employment close to national target of 70%

19 April, 11:26
(ANSA) - BELGRADE, APRIL 19 - The unemployment rate in Romania decreased to 4.2% in 2018 from 4.9% recorded in 2017, data recently made public by the Romanian National Institute of Statistics (Insse) show. Unemployment in Romania currently affects more graduates of low (5.8% rate) and medium level of education (4.3%), while the unemployment rate for higher education graduates was only 2.1% in 2018, Insse said. In 2018, the Statistical Institute added, the employment rate for the population aged 20-64 was 69.9%, only 0.1 percentage points less than the national target of 70% established in the context of the Strategy Europe 2020. (ANSA).

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