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Bulgarian unemployment drops in Q3

Xinhua, November 16, 2015 Adjust font size:

The number of unemployed people in Bulgaria dropped by 24.3 percent year-on-year in the third quarter of 2015, the country's National Statistical Institute (NSI) said Monday.

In the third quarter of 2015, there were 279,300 people registered as unemployed in Bulgaria, a rate of 8.3 percent, 2.5 percentage points less than the corresponding period of 2014, NSI said.

In the period concerned, the unemployment rate went down for both men and women and stood at 8.8 percent for men and 7.6 percent for women.

Of the total number of unemployed persons in the third quarter of 2015, 57 percent were men and 43 percent were women, NSI added.

In terms of the level of education, 12.7 percent of those unemployed had attained higher education, 50.9 percent had completed upper secondary education, and 36.4 percent were from the lower secondary education category or less, NSI said.

A total of 18.0 percent were looking for their first jobs. The number of long-term unemployed was 176,000, representing 63 percent of all unemployed, NSI said. Endit