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Unemployment continued to decline in August, announced the National Employment Agency.
At the end of August, there were 261,525 unemployed registered in labour bureaus. Compared to July, there was a decrease of 6,575 persons. On an annual basis, compared to August 2015, the number of unemployed was significantly lower – a decrease of 45,296.
In August, the unemployment rate reached 8%. There was e decrease of 0.2%, compared to July, 2016 and of 1.3%, compared to August, 2015.
A total of 18,934 job openings have been registered in labour bureaus. The private sector has announced 10,166 or 54% of the total.
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Recent data released by the European Statistics Office Eurostat shows that the unemployment landscape in the European Union (EU) remained stable in February, with the unemployment rate holding steady at 6 %
Unemployment in Bulgaria saw a slight uptick in January, with the registered rate climbing by 0.2% compared to December figures. According to data from the Employment Agency, the unemployment rate now stands at 5.8%
According to a report, released by Eurostat, Bulgaria's unemployment rate in December 2023 remained static at 4.3%, a marginal increase from the 4% reported in December 2022
In a significant turn, the unemployment rate across the Eurozone hit a remarkable record low of 6.4% in November 2023, marking a decline from the previous 6.5% in October and notably lower than the 6.7% reported a year earlier in November 2022
The number of unemployed people registered at the labor offices at the end of last month was just under 150,000
The European Commission has approved a Bulgarian state aid scheme in the amount of 77 million euros of state aid for investments in areas with high unemployment in Bulgaria
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
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