Youth unemployment in Bulgaria was 26.2 per cent in August 2013 – Eurostat

Written by on October 1, 2013 in Bulgaria - No comments

Youth unemployment in Bulgaria in August 2013 was 26.2 per cent, a figure lower than the 28.2 per cent recorded in August 2012 – but in both cases, representing about 65 000 young people.

The figures were released on October 1 by EU statistics office Eurostat.

The youth unemployment rate is the number of people aged 15 to 24 unemployed as a percentage of the labour force of the same age, in the method used by Eurostat. This explains why roughly the same figure for the number of unemployed young people produces a different percentage.

In August 2013, 5.499 million under-25s were unemployed in the 28-member European Union, of whom 3.457 million were in the euro zone.

Compared with August 2012, youth unemployment decreased by 123 000 in the EU28 and by 52 000 in the euro area.

In August 2013, the youth unemployment rate was 23.3 per cent in the EU28 and 23.7 per cent in the euro area, compared with 23.1 per cent and 23.4 per cent, respectively, in August 2012.

In August 2013, the lowest rates of youth unemployment were observed in Germany (7.7 per cent) and Austria (8.6 per cent), and the highest in Greece (61.5 per cent in June 2013), Spain (56 per cent) and Croatia (52 per cent in the second quarter of 2013), Eurostat said.

(Photo: Donna Adenine/sxc.hu)

 

Comments

comments

About the Author

The Sofia Globe - Bulgaria’s fully independent English-language news and features website, run by an all-expatriate team. Sign up to subscribe to sofiaglobe.com's daily bulletin by using the form on the homepage of our website. Please click to support our advertisers!