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Unemployment in Bulgaria declines to 4.9 percent

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Unemployment in Bulgaria is now at the level of 4.9%, the National Statistical Institute has reported. A decline of 1.4% was marked in comparison to the first quarter of 2021. The economic activity rate for the population aged 15-64 reached 72%, increasing by 0.6% on an annual basis.

Nearly 28% of people in this age group are economically inactive. 1/3 of them have not entered the labor market because they are still studying. There are about 55,300 discouraged people aged 15-64, or 4.5% of the economically inactive in the same age group.

10.6% of the unemployed have higher education, 52.1% have secondary education, and 37.3% have primary or lower education.

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