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.
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
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