Selected Issues Papers

Labor Force Participation in Romania

By Florian Misch, Alexander Pitt

December 13, 2023

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Format: Chicago

Florian Misch, and Alexander Pitt. Labor Force Participation in Romania, (USA: International Monetary Fund, 2023) accessed November 21, 2024

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.

Subject: Aging, Education, Gender, International organization, Labor, Labor force participation, Monetary policy, Population and demographics, Women

Keywords: Aging, Copyright page, Demographics, EU LFP level, Gender gap, IMF staff calculation, Labor force participation, Policy implication, Rase LFP, Romania's LFP gender gap, Western Europe, Women

Publication Details

  • Pages:

    15

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Selected Issues Paper No. 2023/062

  • Stock No:

    SIPEA2023062

  • ISBN:

    9798400263651

  • ISSN:

    2958-7875

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