Unemployment in Bulgaria decreased in September

Unemployment in Bulgaria

Unemployment in BulgariaUnemployment in Bulgaria decreased to 7.5% in September, while the average level for European Union and Eurozone remain unchanged, shows the data of Eurostat. The unemployment in the country fell to 7.5% in September, compared to 7.7% in August and 7.8% in July, while in ninth month last year, the rate was 8.4%. Totally 248,000 people were unemployed in September, according to the official data.

Meanwhile, the Eurostat data reports a slight increase in youth unemployment (below 25 years old) in Bulgaria to 14.9%, totaling to 24,000 people.

The seasonally adjusted unemployment rate in the Eurozone remained unchanged in September to a level of 10%, its level remains lower than 10.6% in September 2015. The unemployment in European Union also remained stable at 8.5%, but still lower than the rate of 9.2% over the same month last year. This is the lowest unemployment rate in the bloc since February 2009.

The lowest unemployment rate was registered in the Czech Republic (4%) and Germany (4.1%) and highest was recorded in Greece (23.2%) and Spain (19.3%).

Compared with an year earlier, the unemployment in the ninth month of the year decreased in 24 member states, and increases in Estonia (from 5.4% to 7.6%), Austria (from 5.7% to 6.3%), Denmark (from 6% to 6.3%) and Italy (from 11.4% to 11.7%). The largest drop in unemployment is in Croatia (from 16.4% to 12.6%), Cyprus (from 14.3% to 12%) and Spain (from 21.4% to 19.3%).

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