Romanian Jobless Rate Seen Falling To 8% In 2011 - Draft Budget

Romanian government estimates the country’s unemployment rate will fall to 8% at the end of 2011, from a rate of 8.5% predicted for this year, according to next year’s draft budget.

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The document, obtained by MEDIAFAX, indicates the total number of jobless people will drop by 40,000 to 720,000 in December next year.

Romanian unemployment rate fell slightly to 7.35% in September, from 7.39% a month earlier, according to data from the country's employment agency ANOFM.

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