Romania had, in 2014, a new employment rate of only 5.7%, this being the indicator that measures the percentage of employees in a current job for less than one year of the total number of employees in the economy.

The rate of only 5.7% of new employees places Romania in the last place in the European Union, on a significant distance from the average of 14% of the 28 states.

"The low rate of new employees in Romania, comparing to other countries, may be due, on one hand, to the current situation of the economy that is reflected by the companies’ restraint to expand the existing teams and the tendency to keep them at a minimum level. On the other hand, the indicator may be a consequence of the lower fluctuation of the personnel", said Raluca Penes, HR Coordinator in the company of HR services outsourcing, Smartree Romania.

The first places in the European Union regarding new employees rate are held by Denmark, where the indicator is 23%, followed by Sweden (20%), Cyprus (19.7%), Finland (19%) and UK (17 %).

In 2007, one of the best years for the labor market in Romania, the rate of new employees in Romania was 11% and the average level of EU countries was 16%, according to Eurostat.

Romania currently has 4.5 million employees, and in 2014 95,000 extra jobs were created, compared to 2013.

Read the original article on ZF.

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