Unemployment in Bulgaria Down to 11.4% in Q2 2014

Society | August 14, 2014, Thursday // 15:10| Views: 1197 | Comments: 0
  • Send to Kindle
Bulgaria: Unemployment in Bulgaria Down to 11.4% in Q2 2014 File photo.

In Q2 2014 there were 381.8 thousand unemployed Bulgarians and the unemployment rates in the country were 11.4%, data collected by the National Statistical Institute indicated.

In comparison with the second quarter of 2013 the number of unemployed persons was by 12.7% lower, and the unemployment rate decreased by 1.5%. The unemployment rate was 12.4% and 10.1% for men and women respectively.

In Q2 2014 the unemployment rate for young people aged 15-29 was 16.8% (17.5% for men and 15.9% for women). The rate was by 4.6% lower than in the same quarter of 2013, registering a decrease of 4.2% for men and 5.1% for women respectively.

The activity rate of population aged 15-64 was 68.8%, by 0.4% higher in comparison with the second quarter of 2013. The employment rate of population aged 15-64 was 61.0%, by 1.5% above its value for the corresponding quarter of the previous year. The unemployment rate was 11.4%, by 1.5% lower compared to the same quarter of 2013.

In the second quarter of 2014 the total number of employed persons aged 15 years and over was 2979.8 thousand, representing 47.9% of the population in the same age group. In comparison with the second quarter of 2013 the proportion of employed persons rose by 0.9%. From all persons in employment in the second quarter of 2014, 1 576.4 thousand (52.9%) were men and 1 403.4 thousand (47.1%) were women.

Society » Be a reporter: Write and send your article
Tags: unemployment, unemployed, employment, employed
Expats.bg All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria