Boc Reminds Companies Of Advantages To Hiring Unemployed People

05.20.2011 By Bostan Radu

Romanian acting Labor Minister Emil Boc said Friday that he has ordered "a more aggressive campaign" to inform the business environment about the incentives provided to hire unemployed people, even as the jobless rate is declining.

Boc said there were 493,438 people registered as unemployed in April. By mid-May, their number was 478,666 and the unemployment rate had dropped from 5.4% to 5.25%.

The minister reminded that employers who hire jobless people over 45 years of age, or people three years from retirement, or people with disabilities can receive a 500 lei (EUR121) subsidy for one year.

Employers who hire university graduates can receive a RON750 lei subsidy, or RON600 for hiring a high school graduate, or RON500 for hiring a secondary school graduate. (EUR1=RON4.1091)