The unemployment rate in Bulgaria stood at 5.41% in July, the National Employment Agency says.
152,844 is the number of unemployed persons registered last month, and 14,542 started work. An increase in the number of job vacancies has been registered, with teachers, workers in mining, the processing and the food industry in demand most. According to the National Statistical Institute, in June there were 130,300 unemployed, 55.1% of them men and 44.9% women. Compared to a year earlier the number of unemployed persons has gone down by 107,000 or 7.6%. The total number of economically inactive persons over the age of 15 is 2,449,000, of them 40.4% are men and 59.6% women.
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided. The European..
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