Bulgaria Registers over 12% Unemployment in Q2 2012

Over 409 000 Bulgarians have turned unemployed in the second quarter of 2012. File photo

In Bulgaria, in the second quarter of 2012, the economically active population aged 15-64 was 3 283.1 thousand or 66.6% of the population in the same age group.

The data comes from flash results from the Labor Force Survey, carried out and published Friday by the National Statistical Institute, NSI.

In comparison with the second quarter of 2011 the activity rate was by 1.1 percentage points higher.

The total number of employed persons was 2 913.5 thousand and their proportion of population aged 15 and over was 46.2%.

The number of employed persons aged 15-64 was 2 875.1 thousand. The employment rate for the population of the same age group was 58.3%, by 0.2 percentage points higher than in the same quarter of 2011.

The number of unemployed persons was 409.7 thousand and the unemployment rate - 12.3%. In comparison with the second quarter of 2011 the unemployment rate increased by 1.1 percentage points.

The Labor Force Survey (LFS) is a continuous sample survey providing quarterly and annual data on the economic activity of the population aged 15 and over. The survey covers non-institutional households.

Economically active population (labor force) comprises all employed and unemployed persons.

Final Labor Force Survey data for the second quarter of 2012 will be presented on August 21 2012.

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