02.12.2021

UNEMPLOYMENT IN OUR COUNTRY IS DECLINING, THERE IS NO CHANGE IN THE EU

Unemployment in the EU stabilized in October at September levels. For Bulgaria, the data of the European official statistics Eurostat show a decrease.

EU-wide unemployment remained at 6.7% in September, but well below the 7.5% level reached in October 2020. Within the euro area, unemployment fell to 7.3% in October from 7.4% a month earlier and compared to 8.4% in October 2020.

In our country, unemployment in October fell to 5.3% from 5.5% in September. A year earlier, it was at a level of 5.2 percent, BNR reported.

According to European statistics, a total of 14.312 million Europeans, of whom 12.045 million from the eurozone, were out of work in October, down from 77,000 in the EU compared to September and 64,000 in the eurozone alone.

Compared to a year earlier, unemployment in the EU fell by 1.650 million in October, and within the euro area - by 1.564 million.

According to Eurostat data, 172,000 people were unemployed in Bulgaria in October, down from 178,000 in September to 175,000 in October 2020.