Unemployment in Bulgaria continues to drop, and in June stood at 5.2%, the National Employment Agency says, a 0.5% drop compared to May, and a 3.1% drop on an annual basis (from 8.3% in June, 2020)
170,716 is the number of registered unemployed, 15,331 down on May of this year and 102, 651 or 37.6% down on May of last year.
26,090 people started work in June, the biggest number in the processing industry – 19.7%, followed by the hospitality sector – 14.1%, trade – 14.1% and public administration – 11.2%.
Payments on the 60/40 job support anti-crisis measure continue. In June 80,000 workers received a financial subsidy from the state.
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
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