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Bulgaria Registers Lowest Annual Unemployment Rate in 18 Years

Business | January 26, 2009, Monday // 00:00

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The lowest annual unemployment rate in Bulgaria for the last 18 years has been registered in 2008, the Bulgarian National Employment Agency reports.

The average monthly number of unemployed individuals is by 18,6% or by 53,262 lower compared to 2007. About 217,600 unemployed started work in 2008 while the majority of them have used the Bulgarian labor bureaus as intermediary.

In 2008, the Bulgarian labor market had offered a total of 238,000 job positions. 22,000 new job openings in the real economy have been announced through the labor bureaus.

The National Employment Agency has invested BGN 60 M in employment programs and measures.

25,000 unemployed individuals have received professional training along with 3,485 workers.

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