Unemployment at 4.1% in Q4 of 2019 - Official Statistics

Unemployment at 4.1% in Q4 of 2019 - Official Statistics

February 14 (BTA) - In the fourth quarter of 2019, unemployed people totalled 138,500 of which 58.2 per cent men and 41.8 per cent women, the National Statistical Institute said Friday. The rate of unemployment was 4.1 per cent.

It was down by 0.6 percentage points from this time the year before, the decrease being equal for men and women.

Of all unemployed, 9.5 per cent had university education, 45.9 per cent high school education and 44.6 per cent primary education or lower.

The unemployment rate was therefore 1.3 per cent for university graduates, 3.3 per cent for those with high school education and 13.8 per cent for primary education and lower.

During the review period, there were 73,600 long-term unemployed, or 53.1 per cent of the total number of jobless people.

As many as 25,500 jobless (18.4 per cent) were looking for a first job.

The jobless rate was 6.7 per cent in the 15-29 age brackets, which was 0.7 percentage points lower than in the fourth quarter of 2018. Jobless men outnumbered jobless women (with rates of 7.2 per cent and 5.9 per cent, respectively). NV/LN/

Source: Sofia