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Romania loses 20% of its workforce to emigration in 15 years
A World Bank report revealed that Romania has lost no less than 20 percent of its labor force to emigration over the past 10-15 years.
Its “Systematic Country Diagnostic” report showed that Romania’s working-age population is shrinking, largely due to emigration and low labor market participation, which reduces labor supply and therefore potential economic growth.
The country’s population...