Unemployment at Record Low in June

Unemployment at Record Low in June

Sofia, July 15 (BTA) - The level of registered unemployment in
the country continued to decline and in June reached 5.2 per
cent, according to data from the administrative statistics of
the National Employment Agency, it reported on Thursday.

Thus, in June the lowest value of registered unemployment ever
reported by the institution was repeated. The decrease compared
to the previous month is by 0.5 per cent, and the decrease on an
 annual basis is by 3.1 percentage points - from 8.3 per cent in
 June 2020 to 5.2 per cent in June 2021.

The registered unemployed in June were 170,716, which is 15,331
fewer than in May and 102,651 people or 37.6 per cent less than
a year earlier. In June, 20,541 new unemployed people registered
 with the labour offices, an increase of 2,576 people compared
to the previous month, and compared to June 2020 there was a
decrease of 5,874 people. Another 838 people from the groups of
job seekers, students and pensioners also registered with the
Employment Agency in June.

In June, 26,090 unemployed people started work.

A total of 9 per cent of those who started work in June are
employed in the real economy, most of whom are employed in the
manufacturing sector - 19.7 per cent, followed by hotels and
restaurants - 14.1 per cent, trade - 14.1 per cent, public
administration - 11.2 per cent, construction - 5 per cent,
agriculture, forestry and fisheries - 4.7 per cent,
administrative and ancillary activities 3.8 per cent, etc.

A total of 8,086 unemployed people from risk groups were
employed in subsidized jobs during the month - 3,330 under
employment programmes and measures and 4,756 - under schemes of
the Operational Programme "Human Resources Development" (OP
HRD). The "Employment for you" scheme under the HRD OP, which
started in July 2020 as an anti-crisis measure, has provided
employment to a total of 30,000 people, and in June alone
employment contracts were concluded with 2,244 new unemployed. 
 

The disbursement of funds under the anti-crisis measure for
short-term employment support known as 60/40 continues. Thus, in
 June, nearly 80,000 employees received their financial
incentives from the State. The "Keep me" measure, funded by the
HRD OP and the React-EU financial mechanism, to support
employees in forced unpaid leave imposed by the suspension of a
number of economic activities in order to control the COVID-19
pandemic, provided funds by the end of June to over 57,300
employees.

NV/MT

/МТ/

Source: Sofia