Unemployment in Bulgaria in September 2019 was 4.1% – Eurostat

Unemployment in Bulgaria in September 2019 was 4.1% – Eurostat

Unemployment in Bulgaria in September 2019 was 4.1 per cent, European Union statistics agency Eurostat said on October 31, citing seasonally-adjusted figures.

The figure represented about 137 000 people, up from August 2019 when it was four per cent, an estimated 135 000 people.

Bulgaria’s September 2019 unemployment figure was down from the 5.1 per cent reported in September 2018, representing about 169 000 people.

Youth unemployment in Bulgaria in September 2019 was 8.7 per cent, about 12 000 under-25s, down from 12.2 per cent in September 2018, about 18 000 under-25s, according to Eurostat.

The euro zone (EA19) seasonally-adjusted unemployment rate was 7.5 per cent in September 2019, stable compared with August 2019 and down from eight per cent in September 2018. This is the lowest rate recorded in the euro area since July 2008.

The EU28 unemployment rate was 6.3 per cent in September 2019, stable compared with August 2019 and down from 6.7 per cent in September 2018. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000.

Among EU countries, the lowest unemployment rates in September 2019 were in the Czech Republic (2.1 per cent) and Germany (3.1 per cent). Unemployment was highest in Greece (16.9 per cent in July 2019) and Spain (14.2 per cent).

In September 2019, 3.223 million young people (under 25) were unemployed in the EU28, of whom 2.283 million were in the euro zone. Compared with September 2018, youth unemployment decreased by 145 000 in the EU28 and by 109 000 in the euro zone.

In September 2019, the youth unemployment rate was 14.5 per cent in the EU28 and 15.9 per cent in the euro zone, compared with 15.0 per cent and 16.7 per cent respectively in September 2018.

In September 2019, the lowest rates of youth unemployment were in the Czech Republic (4.4 per cent), Germany (5.9 per cent) and the Netherlands (7.2 per cent), while the highest were in Greece (33.2 per cent in the second quarter of 2019), Spain (32.8 per cent) and Italy (28.7 per cent), Eurostat said./ibna