685,000 jobless by year-end
The number of jobless is expected to climb to 685,000 by year-end, up 70% from December 2008, National Prognosis Commission predicts.
The latest data provided by the national labor agency (ANOFM) show the number of people living on welfare reached 601,673 at the end of August, as compared to 403,400 a year earlier.
The unemployment rate increased for 14 successive months, from the record low registered in June 2008, as since mid last year, Romania is dealing with the worst recession, after one decade of constant growth.
The unemployment rate, which is defined as the percentage of those in the labor force who are employed, is likely to reach 7.6% by year-end, from 4.4% in December 2008and 6.6% in August.
Previously, the institution had predicted a total number of jobless of 620,000 by year-end.
The latest data provided by the national labor agency (ANOFM) show the number of people living on welfare reached 601,673 at the end of August, as compared to 403,400 a year earlier.
The unemployment rate increased for 14 successive months, from the record low registered in June 2008, as since mid last year, Romania is dealing with the worst recession, after one decade of constant growth.
The unemployment rate, which is defined as the percentage of those in the labor force who are employed, is likely to reach 7.6% by year-end, from 4.4% in December 2008and 6.6% in August.
Previously, the institution had predicted a total number of jobless of 620,000 by year-end.