The average number of employees in Romania increased by 1.3% y/y to 5.13 million in Q3 – an annual advance of 64.7 thousand workplaces, according to the statistics office INS.

The largest number of jobs were created in the sectors of construction (+11.7 thousand), IT&C (+10.8 thousand) and HoReCa (+10.3 thousand).

The IT&C and HoReCa sectors posted the highest growth rates in terms of employment as well, of 4.7% y/y and 4.5% y/y, respectively, and they employ some 240,000 people each.

The sector of construction posted a robust 2.7% growth to 450,000 people. In manufacturing, employment increased by 0.3% y/y (+3.0 thousand jobs) to 1.09 million employees.

The state forecasting body CNP expects the number of employees in Romania to increase by 1.6% y/y in 2024, after a 0.9% y/y advance in 2023. Employment is expected to further rise by 1.9% in 2025 and 2.0% in 2026.

iulian@romania-insider.com

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