Unemployment rate up 6.1 pct in Q4 of 2007

The Romanian unemployment rate in International Labour Office terms was 6.1 percent in the last quarter of 2007, at a level close to the one in the previous quarter, which was 6 percent, but down from 7.2 percent in Q4 of 2006, show figures supplied by the National Institute of Statistics.
The men’s joblessness rate was 7.2 percent and the women’s 4.9 percent, meaning a 2.3 percent difference; the unemployment rate stood at 7.3 percent in the urban area and 4.6 percent in the rural area, therefore the difference between the two was 2.7 percent.
The highest joblessness rate was among the youths aged between 15 and 24 years old, at 18.9 percent, the Institute said.
The employment rate of the able-to-work population (aged between 15 and 64) was 57.9 percent in the last quarter of 2007, with the figure being 12.1 percentage points far from the 70 percent target set under the Lisbon Strategy for 2010.
There were 9.773 million able-to-work Romanians in the last quarter-year, out of whom 9.174 million were employed and 599,000 were jobless.
The economic dependency rate was 1,348 per thousand, being higher in women (1,665 per thousand) and in the urban area (1,365 per thousand).
The figures are based on the Statistic research of Household Labour (AMIGO), which is carried out on a quarterly basis in line with the Rules of the European Council and Parliament no. 577 of 1998.

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