Sat, Nov 21 2009

Unemployment in Bulgaria is 6.3 per cent – National Statistics Institute

Fri, Aug 21 2009 12:51 CET byClive Leviev-Sawyer 1980 Views
Unemployment in Bulgaria is 6.3 per cent – National Statistics Institute

Photo: Tsvetelina Angelova

Unemployment in Bulgaria was 6.3 per cent in the second quarter of 2009, a worsening picture, according to figures released by the National Statistics Institute on August 21 2009.
 
A total of 222 600 people were without jobs in Q2 2009, the institute said, an increase of 0.5 per cent over the figure for the equivalent period last year.
 
In cities, unemployment averaged 5.5 per cent and in villages nine per cent.
 
The overall unemployment figure covers people aged 15 to 64. The proportion of people employed in the private sector was 72.7 per cent.

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Bulgaria part of the picture of EU's worsening unemployment

Close to 22 million people in the 27 European Union member states were jobless in July 2009, the highest unemployment in the EU since May 2005, the bloc’s statistics office Eurostat says. Bulgaria had seven per cent unemployment in July 2009; a year earlier it was 5.5 per cent.

Bulgaria's unemployment rate in July was 7.62 per cent

The unemployed-job vacancies ratio was 15 to one

Jobless total continues to rise

About 22 000 people have lost their jobs since the beginning of the year

Half of Bulgarians believe worst of the crisis is yet to come

Bulgarians are above the EU average in worrying that they or their spouses will lose their jobs, while 18 per cent have no confidence about having a job in two years’ time – against an EU average of seven per cent.

EU youth unemployment, current account deficit worsen

Youth unemployment has increased in all EU member states except Bulgaria, where it decreased from 13.9 per cent in the first quarter of 2008 to 13.5 per cent in Q1 2009.

Euro area unemployment highest since May 1999

Unemployment in euro area was 9.5 per cent in May 2009, new Eurostat figures say. Joblessness figures in all EU states are higher than a year ago.

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