Bulgaria's Unemployment Rate Was 12.4% in November 2012

Politics » BULGARIA IN EU | January 8, 2013, Tuesday // 15:35| Views: | Comments: 0
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Bulgaria: Bulgaria's Unemployment Rate Was 12.4% in November 2012

Bulgaria's seasonally adjusted unemployment rate was 12.4% in November 2012, which was above the average for the EU, according to Eurostat.

The euro are seasonally-adjusted2 unemployment rate3 was 11.8% in November 2012, up from 11.7% in October4. The EU27 unemployment rate was 10.7% in November 2012, stable compared with October4. In both zones, rates have risen markedly compared with November 2011, when they were 10.6% and 10.0% respectively.

Eurostat estimates that 26.061 million men and women in the EU27, of whom 18.820 million were in the euro area, were unemployed in November 2012. Compared with October 2012, the number of persons unemployed increased by 154 000 in the EU27 and by 113 000 in the euro area. Compared with November 2011, unemployment rose by 2.012 million in the EU27 and by 2.015 million in the euro area.

Among the Member States, the lowest unemployment rates were recorded in Austria (4.5%), Luxembourg (5.1%), Germany (5.4%) and the Netherlands (5.6%), and the highest in Spain (26.6%) and Greece (26.0% in September 2012).

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