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Bulgaria, unemployment drops to 5.2pc in March 2018

Eurostat, figure below EU average (7.1pc)

03 May, 15:55
(ANSA) – SOFIA - Unemployment in Bulgaria in March 2018 was 5.2 per cent, down from 5.3 per cent a month earlier and from 6.4 per cent in March 2017, European Union statistics agency Eurostat said as Ibna press agency reports.

The March 2018 figure for Bulgaria was once again below the EU average unemployment, which was 7.1 per cent. The Bulgarian unemployment figures represented about 179 000 people, down from about 212 000 jobless people a year earlier.

Youth unemployment in Bulgaria also dropped again in March 2018, to 10.4 per cent (about 19 000 people), from 13.5 per cent (about 22 000 people) in March 2017.

Among EU countries, the lowest unemployment rates in March 2018 were recorded in the Czech Republic (2.2 per cent), Malta (3.3 per cent) and Germany (3.4 per cent). The highest unemployment rates were observed in Greece (20.6 per cent in January 2018) and Spain (16.1 per cent).

Compared with a year ago, the unemployment rate fell in all member states except Lithuania where it remained stable and Estonia where it increased (from 5.3 per cent to 6.5 per cent between February 2017 and February 2018).

The largest decreases were registered in Cyprus (from 12.3 per cent to 9.1 per cent), Greece (from 23.2 per cent to 20.6 per cent between January 2017 and January 2018), Croatia (from 11.8 per cent to 9.4 per cent) and Portugal (from 9.7 per cent to 7.4 per cent).

In March 2018, 3.500 million young people (under 25) were unemployed in the EU28, of whom 2.449 million were in the euro area. (ANSA).

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