Youth Unemployment in Bulgaria On the Rise

Business | March 1, 2014, Saturday // 12:04|  views

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The unemployment among the non-studying Bulgarian youth up to 25 years of age has risen sharply in the past year. 

According to a Eurostat survey in January 2014 it reached 30%, while in January 2013 it was 27.8% or around 63 000 people. 

By unemployment rate Bulgaria is at the seventh position in Europe. In January this year there were 424 000, which is 13.1% of the people of working age. It is by 0.1% more than in December 2013. 

According to the Eurostat data, employment among Bulgarian women remains higher than among men. The unemployment rate was 12.5% and 13.4%, respectively. 

The total unemployment in the EU in January 2014 is 10.8%. The highest unemployment rates are in Greece, 28% and Spain, 26%. The lowest unemployment rates are in Austria, Germany and Luxembourg.

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Tags: eurostat, youth unemployment, unemployment, Bulgaria


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