The number of legally employed workers reached 4.095 million atthe end of January, according to data published by the LabourMinistry, which is the lowest number of employees in 50 years. Atpresent there are twice fewer legally-employed workers than in1990, when the number of employees was 8.1 million. On the otherhand, unemployment has been falling for ten consecutive months,reaching 6.58% in February. How can this be explained?
However, the National Statistics Institute yesterday issued apress release saying that 6 million employees were working in theeconomy, with the figure including informal workers.
By 2020, Romania's employment rate should reach 70% (Germany'scurrent rate), with the European average currently at 64.6%.
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