Underutilization of the labor force in the fourth quarter of 2023
National Bureau of Statistics informs that, according to the results of the Labour Force Survey (LFS), in the fourth quarter of 2023:
labour underutilisation rate was 9.7%, increasing by 0.9 percentage points than in the corresponding quarter of 2022;
the ILO unemployment rate was 4.9%, increasing by 0.3 percentage points than in the fourth quarter of 2022;
the combined rate of underemployment and unemployment was 7.3%, increasing by 0.2 percentage points compared to the fourth quarter of 2022;
the combined rate of unemployment and potential labour force rate at country level was 7.4%, increasing by 1.1 percentage points compared to fourth quarter 2022.
More detailed information is available in Romanian language.
- Mariana Alerguș-SoloviovHead of Division
Labour Force Statistics Division
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