Unemployment in Bulgaria in August 2019 was four percent, European Union statistics agency Eurostat said on September 30, citing seasonally-adjusted figures.
The unemployment figure in Bulgaria in August represented about 134 000 people, according to Eurostat.
The unemployment percentage was the same as it had been in June and July 2019, while it was down from 5.2 percent in August 2018, when it represented about 173 000 people, Eurostat said.
The EU statistics agency said that the drop in unemployment in Bulgaria, comparing August 2019 with August 2018, was among the largest in the EU.
Youth unemployment in Bulgaria in August 2019 was 8.2 percent, about 11 000 under-25s, down from 13 percent in August 2018, about 13 000 young people.
The eurozone (EA19) seasonally-adjusted unemployment rate was 7.4 percent in August 2019, down from 7.5 percent in July 2019 and from eight percent in August 2018. It is the lowest rate recorded in the eurozone since May 2008.
The EU28 unemployment rate was 6.2 percent in August 2019, down from 6.3 percent in July 2019 and from 6.7 percent in August 2018. It is the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000.
Among EU countries, the lowest unemployment rates in August 2019 were recorded in the Czech Republic (two percent) and Germany (3.1 percent).
Unemployment was highest in Greece (17 percent in June 2019) and Spain (13.8 percent).
Compared with a year ago, the unemployment rate fell in 24 member states, remained stable in Luxembourg while it increased in Denmark (from 4.9 percent to five percent), Lithuania (from 6.1 percent to 6.6 percent) and Sweden (from 6.3 percent to 7.1 percent).
The most significant decreases were registered in Greece (from 19.2 per cent to 17.0 per cent between June 2018 and June 2019), Cyprus (from 8.2 per cent to 6.8 per cent), Bulgaria (from 5.2 per cent to four per cent), Spain (from 15 per cent to 13.8 per cent) and Croatia (from 8.1 per cent to 6.9 per cent), Eurostat said./ibna
Source: https://balkaneu.com
