Labor Force Participation in Romania
Labor force particiaption (LFP) in Romania is-at 66.8 percent in 2022-significantly lower than the EU average, especially among women and less educated people. With a declining working-age population, rasing LFP could yield signifcant benefits including by boosting long-term growth, mitigating the f...
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2023
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Series: | Selected Issues Papers
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Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | Labor force particiaption (LFP) in Romania is-at 66.8 percent in 2022-significantly lower than the EU average, especially among women and less educated people. With a declining working-age population, rasing LFP could yield signifcant benefits including by boosting long-term growth, mitigating the fiscal impact of an ageing society, and reducing inequality. Key policies to boost LFP include provision of affordabel high-quality childcare, and improving education standards |
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Physical Description: | 15 pages |
ISBN: | 9798400263651 |