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Deloitte–ASE study: Regional labor market gaps leave young people and seniors at a disadvantage

Romania’s labor market shows significant regional disparities in employment levels and economic structure, while access to jobs varies strongly by age. Young people and older workers face greater challenges in entering or remaining in employment, particularly in less developed regions, according to the study “Opportunities for Foreign Investors in Romania” published by the Deloitte Foundation and the Bucharest University of Economic Studies (ASE).

“Bucharest–Ilfov recorded the highest employment rate in the country in 2023, at 80.7%, 12 percentage points above the national average of 68.7%. This may indicate that Bucharest, as an administrative and economic hub, attracts labor from neighboring counties and other regions,” the study notes. The North-West region also performed well, with an employment rate of 71.4%.

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By contrast, South-East (62.2%) and South-West Oltenia (63.4%) posted the lowest employment rates. “These gaps may reflect limited economic diversification, insufficient investment, or labor migration to other regions or abroad,” the authors said.

Age-related disparities persist

Employment rates peak among people aged 30–49, while young adults aged 20–24 and seniors aged 55–64 face lower participation. “Bucharest–Ilfov shows the highest employment rates across most age groups, peaking at 92.4% for those aged 35–39. However, employment remains relatively low among young people aged 20–24 (49.2%) and seniors aged 55–64 (55.2%),” the study adds.

The researchers conclude that these challenges are more pronounced in less developed regions such as South-East, South-West Oltenia, and Central Romania.

Photo: freepik.com

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
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