Bulgaria: Unemployment rate at 6.9% in October

Bulgaria: Unemployment rate at 6.9% in October

Unemployment rate in Bulgaria fell to 6.9% in October from September’s 7.2%. YoY, unemployment has risen by 1.3%, according to data from the Employment Service.

At the end of October, the registered number of unemployed persons in employment agencies was 227,909, 8,149 fewer than in September. Compared to October 2019, the registered unemployed increased by 45,380 persons.

33,410 young unemployed people registered with the employment agencies in October. At the same time, the number of unemployed who found employment rose to 23,045, an increase of 31.2% compared to October 2019. Of those who started work, 82.4% are located in the real economy. The largest number was recorded in manufacturing and trade. /ibna