Unemployment rate at 5,9% in Bulgaria in the second quarter

Cristian Hatis 2 Min Read

In the second quarter of 2020 there were 192.2 thousand unemployed persons, of whom 108.1 thousand (56.2%) men and 84.1 thousand (43.8%) women.

The unemployment rate was 5.9%, 6.2% and 5.5% for men and women respectively. In comparison with the second quarter of 2019, the unemployment rate rose by 1.7 percentage points, registering an increase by 1.6 percentage points for men and by 1.8 percentage points for women.

Education levels for unemployed persons

Among all unemployed persons, 17.3% had attained tertiary education, 55.5% had completed upper secondary education and 27.2% had at most lower secondary education.

The share of unemployed persons with tertiary and with upper secondary education was higher than in the second quarter of 2019 by 2.2 percentage points and 10.4 percentage points respectively, on the expense of the share of unemployed persons with at most lower secondary education.

The unemployment rate by level of educational attainment was as follows: 3.1% for tertiary education, 5.9% for upper secondary and 13.4% for education lower than upper secondary.

The growth of unemployment between the second quarters of 2019 and 2020 is mainly due to the increase of number of persons unemployed for less than six months.

In the period concerned it went up by 56.8 thousand to 91.4 thousand persons (near half of the total number of unemployed).

In the second quarter of 2020 there were 72.2 thousand long-term unemployed persons (unemployed for one or more years), representing 37.5% of all unemployed persons.

The long-term unemployment rate declined by 0.3 percentage points to 2.2% (2.6% for men and 1.7% for women).

Of all unemployed people 19.5 thousand (10.2%) were looking for first job.

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