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Biser Petkov

Minister Biser Petkov: Over 165,000 young people have started work over the past four years

Over 165,000 young people up to the age of 29 have started work with the support of recruitment agents at labour offices over the past four years. Over the same period youth unemployment (15-24 year olds) has almost been reduced by half. In 2013 it..

10.05.18 14:57 |

Unemployment in Bulgaria falls to 5.3%

In February 2018 the unemployment rate in the European Union fell to a new ten-year low (7.1%), data of Eurostat show. Unemployment in the Eurozone fell to 8.5%, which is the lowest level since 2008. In Bulgaria the unemployment rate dwindled to a nine..

04.04.18 13:59 |

Bulgaria’s economy to grow with 4% in 2017: Ministry of Finance

Bulgaria’s economy will grow with 4% in 2017, the autumn macroeconomic forecast of the Bulgarian Ministry of Finance shows. The Finance Ministry expects that the country’s economy will mark a 3.9% annual increase in the next three years. Inflation..

06.10.17 10:45 |

Unemployment at lowest level since start of Bulgarian Employment Agency statistics

Bulgarian Minister of Labor and Social Policy Bisser Petkov has said that the government's main priority in the social sphere is increasing incomes through employment and higher labor productivity. Recalling that the registered unemployment rate..

17.08.17 14:31 |

Bulgaria is still poorest in EU, yet unemployment hits record lows

The latest report of Bulgaria’s National Statistical Institute about the labor market in this country looks more than optimistic. In the first quarter of 2017 the economic activity index of the population aged between 15 and 64 was at 62.9% and..

14.07.17 12:31 |

Number of Bulgarian companies that went insolvent in 2016 was twice higher as compared to 2008

The number of Bulgarian companies which went bankrupt in 2016 was twice higher as compared to 2008 (when the world economic and financial crisis occurred), data of the Registry Agency show. According to analysts, many companies stop functioning, but..

26.02.17 18:13 |

Bulgarian unemployment marks drop in third quarter of 2016

In the third quarter of the year unemployed people in Bulgaria are 229,000, and the unemployment rate is 7%, according to the NSI. On an annual basis the number of unemployed decreased by 50.3 thousand people and the unemployment rate - by 1.3 percent...

14.11.16 14:29 |

Unemployment continues downward trend in September

A total of 255,466 persons were registered at employment agencies at the end of September. Compared to August these figures indicate a drop by  6,059 people . On a yearly basis, compared to September 2015 the number of unemployed is now..

14.10.16 16:44 |

Unemployment continues downward trend in August

A total of 261,525 unemployed were registered at job centres at the end of August, down by 6,575 compared to July and 45, 296 on a year-on-year basis. This means that unemployment is continuing its downward trend and now stands at 8 percent...

15.09.16 14:42 |

Most high school drop-outs in Bulgaria are unemployed

Around 13 percent of Bulgarians dropped out of secondary school in 2015 and never continued their education , a Eurostat report indicates. Only 3 percent of them have found a job and only half say they ever intended to look for a job. According to..

11.08.16 09:47 |
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