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Sat, May 25 2013

Unemployment increases in Euro zone

Thu, Mar 01 2012 15:23 CET

byThe Sofia Echo staff

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Unemployment increases in Euro zone

Photo: Reuters

The seasonally adjusted unemployment rate in in the euro area was 10.7 per cent in January 2012, compared with 10.6 per cent in December 2011 and 10 per cent in January 2011. The EU27 unemployment rate in the EU's 27 countries as a whole was 10.1 per cent in January 2012, compared with 10 per cent in December 2011 and 9.5 per cent in January 2011.

Eurostat, the statistical office of the European Union, estimates that 24.325 million men and women in the EU27, of whom 16.925 million were in the euro area, were unemployed in January 2012.

Among Member States, the lowest unemployment rates were recorded in Austria (four per cent), the Netherlands (five per cent) and Luxembourg (5.1 per cent), and the highest in Spain (23.3 per cent), Greece (19.9 per cent in November 2011), Ireland and Portugal (both 14.8 per cent).

In January 2012, 5.507 million young persons (under 25) were unemployed in the EU27, of whom 3.314 million were in the euro area.

In January 2012, the unemployment rate was 8.3 per cent in the USA. In December 2011 it was 4.6 per cent in Japan. The last available figures from the UK point to an unemployment rate of 8.4 per cent. In Bulgaria it is 11.5 per cent.

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Appointments

Kamenitza

Kamenitza

Yassen Lyubenov is the new head of marketing at Bulgarian beer brewer Kamenitza. Lyubenov has 12 years of experience in marketing in the fast-moving consumer goods sector and has started his career as assistant brand manager at Kraft Foods Bulgaria. He later became brand manager at Wrigley Bulgaria, with responsibilities for Bulgaria and Macedonia. Prior to joining Kamenitza, he was senior marketing manager at Wrigley Russia, where he was in charge of brand expansion into Ukraine, Belarus, Central Asia and the Caucasus. Lyubenov has a bachelor's degree in international business administration from the University of Lincoln, UK.

Employment Agency

Employment Agency

Kamelia Lozanova has been appointed the executive director of the Employment Agency, a position she has held ad interim since September 2011, following the resignation of her predecessor Rossitsa Stelianova. Prior to that, Lozanova was the agency's deputy executive director in charge of international projects and European programmes. She has been with the agency for more than 20 years. Lozanova has a degree in Slavonic philology from the St Kliment Ohridski University of Sofia.

Uniqa

Uniqa

Gloria Dimitrova has been appointed executive director and member of the managing board at Uniqa Life Insurance Bulgaria. Dimitrova began her career in 1998 at the insurance supervision directorate, but moved to the private sector and worked for professional services and insurance brokerage firm Marsh&McLennan and US insurer AIG, both in Bulgaria and the Middle East. She joined Uniqa as regional director for Sofia in 2010. Dimitrova has a degree in economics from the University for National and World Economy in Sofia and a master's degree in insurance from the Business Academy in Svishtov.

Beiersdorf

Beiersdorf

Bedros Kalfayan, general manager of skin care and cosmetics company Beiersdorf Bulgaria, will oversee the parent's company units in Romania and Moldova starting April 1. Following company restructuring, Beiersdorf's subsidiaries in the three countries were merged and are now one unit, part of Beiersdorf Central and Eastern Europe. Kalfayan joined Beiersdorf in 2007 as sales manager and was promoted to general manager in 2008. Prior to that, he worked for Axxon Bulgaria, Ferrero and Rubella. Kalfayan has a master's degree in industrial management from the Technical University in Sofia.

Hewlett-Packard

Hewlett-Packard

Sasha Bezuhanova has been appointed Hewlett-Packard public sector director for emerging markets, where she will oversee HP public sector activities in 63 countries, including Bulgaria. Bezuhanova will also be in charge of HP's relations with the European Union. Bezuhanova has been HP's public sector director for Central and Eastern Europe since 2008; before that she was general manager of HP Bulgaria since 1998. Bezuhanova has a master's degree in electronics from the Technical University in Sofia and has completed a managment programme at INSEAD.

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