20.02.2021

How many unemployed people are fighting for a job

8 unemployed are fighting for 1 job. This shows an analysis of the Institute for Market Economics.

The Institute for Market Economics has published a map with data on the ratio between the number of unemployed and the number of vacancies as of January 31, 2021. The indicator is important because it captures the degree of competition in local labor markets, and is sensitive to both main factors - the supply of jobs in employment offices and the demand from the registered unemployed.

It should be noted that the data from the labor offices are used here, which excludes the supply of jobs in online platforms and direct negotiation, which play an increasing role, especially in the economically developed parts of the country.

A total of 8 unemployed people in the country are fighting for 1 job. Interestingly, in January 2020 the number is the same, although there are changes in areas. The ratio is deteriorating the most in the districts of Vratsa (from 9 to 15 unemployed for a vacancy) and Haskovo (from 9 to 13 unemployed for a vacancy).

The indicators in the districts of Razgrad (from 22 to 14 unemployed for a vacancy), Pleven (from 15 to 8 unemployed for a vacancy) and Lovech (from 15 to 8 unemployed for a vacancy) are improving.

The highest number of unemployed persons per vacancy is in the districts of Vidin (18), Vratsa, Montana and Targovishte (15 each) and Razgrad (14). The smallest is in the districts of Ruse (4), the Capital (5), Silistra and Kyustendil (6 each).

Data by municipality show even greater differences. While in 64 municipalities the number of unemployed per vacancy is below the national average (8), in 12 municipalities it is over 100. The worst is the ratio in the municipality of Roman (Vratsa) with 534 unemployed per vacancy - in January only one place was discovered there, which is occupied until the end of the month.

It is noteworthy that in almost all of the 12 municipalities with the highest number of unemployed persons compared to a vacancy, the number of vacancies is a single digit number. Exceptions are the municipality of Pernik with 210 vacancies and 2019 unemployed persons and the municipality of Hayredin (Vratsa) with 55 vacancies and 525 unemployed persons at the end of January.