Bulgaria's unemployment rate falls again, to 5.1% in April 2018 - Eurostat

Bulgaria's unemployment rate falls again, to 5.1% in April 2018 - Eurostat

Unemployment in Bulgaria has decreased again, to 5.1 per cent in April 2018, and again is below the average for the European Union.

This is according to figures released on May 31 by EU statistics agency Eurostat.

The April 2018 unemployment rate in Bulgaria represented about 177 000 people. In April 2017, there were about 188 000 jobless people in the country, an unemployment rate of 6.3 per cent.

The youth unemployment rate in Bulgaria in April 2018 was 10.1 per cent, down from 13.9 per cent in April 2017.

The euro area (EA19) seasonally-adjusted unemployment rate was 8.5 per cent in April 2018, down from 8.6 per cent in March 2018 and from 9.2 per cent in April 2017. This is the lowest rate recorded in the euro area since December 2008.

The EU28 unemployment rate was 7.1 per cent in April 2018, stable compared with March 2018 and down from 7.8 per cent in April 2017. This remains the lowest rate recorded in the EU28 since September 2008.

Among the EU countries, the lowest unemployment rates in April 2018 were recorded in the Czech Republic (2.2 per cent), Malta (three per cent) and Germany (3.4 per cent).

Unemployment was highest in Greece (20.8 per cent in February 2018) and Spain (15.9 per cent).

Compared with a year ago, the unemployment rate fell in all EU countries except Italy where it remained stable and Estonia where it increased (from 5.3 per cent to 5.6 per cent between March 2017 and March 2018).

The largest decreases were registered in Cyprus (from 11.7 per cent to 8.6 per cent), Croatia (from 11.5 per cent to 9.1 per cent) and Portugal (from 9.5 per cent to 7.4 per cent), Eurostat said.... / IBNA

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