The newly registered unemployed people exceeded 300,000, the Employment Agency has reported. From February 3 to October 11, just over 193,000 people found work through employment offices.
The analysis of a labor market survey shows that since August 17, the newly registered unemployed across the country have been significantly more than those who have found work, as this is particularly clear in the last week of monitoring from 5 to 11th of October, when 9,900 unemployed were registered, and the newly-employed were just 6,500. The most drastic situation has emerged after the end of the summer season in Burgas and Varna, where a total of 2140 have registered as unemployed, while only 520 started work.
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
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