Банкеръ Weekly



The Ministry of Labour and Social Policy has registered record high drop of unemployment in Bulgaria in July for the last four years. The number of unemployed went down by almost 164,000 last month as compared to the same period of 2002. The data was reported by the Social Minister Hristina Hristova at a press during the week. Nearly 30,000 people found jobs in July: 17,500 of the working positions were on the primary labour market, and the other people were employed under the Social Ministry's programmes. There are another almost 17,000 vacancies under the ministry's employment programme. The unemployment rate went down to 13.22% from January to July. This is the most significant drop, registered within last year, Ms. Hristova pointed out. The lowest unemployment rate - 3.76% - was in Sofia, and the highest - 29.31% - in Tirgovishte. The smallest number of candidates for one working position - 8 people - were in Varna and Bourgas, and the highest number of applicants - 23 - were in Pernik. The capital city rates second according to this indicator. The average number of candidates for one working position in Sofia was 9. Ms. Hristova announced that in mid-September she would make public the policy, to be followed by her team over the next two years.

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