Romanian statistics

How will wage in the Romanian construction market evolve in 2010?

More than half of the sales consultants in the construction market (53%) forecast their wage will remain at the same levels recorded in 2009. At the same time, 17% expect their revenues to drop in 2010.

If revenues are expected to languish sales targets will increase in the first half of 2010, as 46% of the respondents assert:

These trends were revealed by a study realized during 4 – 15 February 2010 by IBC Focus, on a sample of 97 sales and marketing specialists and company administrators. For more market studies and reports visit www.iresearch.ro

50.000 employees in the construction sector to lose jobs in 2010

In 2009, the number of employees in the construction market was down to 350.000 and it will continue to drop this year too.

ARACO (Romanian Builders and Contractors Association) representatives forecast that the number of unemployed persons in this sector will be more than 50.000.

Below you can see how workers number in the construction sector diminished in the last 2 years:

Read more in Construct Intelligence.

Less jobs available in the construction market

If in July 2009 job offers in the construction sector used to weigh 11% from the total offer, in September it went below 10%, meaning less jobs available:

 

Most of the construction jobs available in September were for unqualified workers – meaning 146 available jobs.

Construction market loses 58.700 employees in 11 months

The segment that lost the largest number of employees is manufacturing industry with more than 180.500 employees off. In exchange, governmental agencies continued to hire more people  even if the Government keep menacing with firing about 20.000 from state agencies.

In the first 10 months of local economic recession (October 2008-July 2009) Romania recorded 315.000 unemployed persons which indicates fast speed in labour market contraction – 1000 persons fired/day.

Top cities with greatest number of unemployed persons in September 2009:

The only construction workers that are worse paid that Romanians are the southern neighbours:

Sources: IBC Focus, INS, Eurostat

Scarcity of labor force in the construction market

The lack of labor force in the Romanian construction sector used to be one of the biggest problems companies in the market have been confronted to since 2007, when constructions in the country boomed. Even though this economical sector has been affected by economical recession since the last quarter of 2008, Romania continues to encounter the same problem.

According to a Manpower report on the labor force market in Romania there will be 3 sectors that will boost Romanian HR sector in Q3 2009:

• Construction market
• HORECA
• Financial sector

IBC Focus conducted an internal analysis in June 2009 on the construction jobs existent on the labor market in May 2009, which bring to life the fact that there were 450 jobs available in the construction sector, which represents 30% of the total number of jobs available in that month.

 

Source: Construct Intelligence, HR companies

Are there harder times coming?

Despite the financial crisis that affects Romania also, Romanian employers intend to hire people more than firing.
And what's even better is that the expectation for firing people in the next trimester are lower than currently. So are there harder times coming for Romania?

Source: Capital

Romanian workers are among the most poorly paid in Europe

Although labour costs have increased significantly this year, Romania remains one of the cheapest destinations from the perspective of labour costs, being exceeded in this regard only by Bulgaria. The best paid Eastern Europeans are the Slovenians, who gain 5.8 euros per hour, followed by the Croats and Czechs, with 5.1 euros/hour.

Source: FedEE

Ranked last in Europe in Terms of Employee Training

The local training market is estimated at 50 million Euros annually. According to a research study carried out between 2004 and 2006 by EU experts, a Romanian employee benefits from 5 to 6 training hours annually, the least in the entire Europe.

Source: Ziarul Financiar, September 2, 2008

Top 5 Reasons for which Romanians leave their Job

According to a research study carried out by salary.com, most Romanians call down for work benefits like: professional development, the possibility to work at home, longer vacations, flexible work program and life insurances. See below the main reasons for which employees leave their job:

Source: Banknews.ro, August 25, 2008

Medium wages in main Romainian counties

 
Source: Capital