The minister said SMEs can offer jobs to all young people willing to work in Romania, whereas multinational companies usually employ highly skilled youths.

Campeanu also said there are many programs, either national or financed with foreign funds, whereby firms are encouraged to hire young people.

According to the White Chart of the SMEs, small and medium firms hired an average 1.13 people in 2012 and employed staff rose 3.2% from 2011 in ratio with the average number of employees. Most SMEs hired less than five people, 3.51% of them hired five to ten people and only 0.27% employed over 20 people.

Romania’s unemployment rate inched down to 4.96% in June, from 5.03% a month earlier, according to Romania’s employment agency ANOFM.

The total number of unemployed Romanians fell to 438,110 in June, from to 443,985 people in the previous month.