Podcast in English
Bulgarian National Radio © 2022 All Rights Reserved

Unemployment in Bulgaria declines to 4.9 percent

Photo: Pixabay

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.

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

There is no clarity regarding the Ukrainian refugee programme after September

“The sums the government owes hotel operators under the programme for accommodation and food for Ukrainian refugees have been budgeted for and will be paid out soon,” caretaker Minister of Tourism Ilin Dimitrov said in Burgas. In his words, more..

published on 8/11/22 6:41 PM

State Agency for National Security searches offices of state-run arms company Kintex

The State Agency for National Security is searching the offices of Kintex state-owned company and is confiscating company documents pertaining to payments in foreign currency. This was announced on Facebook by Alexander Mihailov, former director of..

published on 8/11/22 5:49 PM

Bulgargaz forecasts gas price for October at 137.69 euros per MWh

Bulgargaz has forecasted a price of natural gas for October 2022 of BGN 269.29 per megawatt hour /EUR 137.69 per MWh/, excluding taxes and fees . The price was formed with the expectation that the Greece-Bulgaria gas interconnector will be put into..

published on 8/11/22 5:10 PM