August 18 (SeeNews) - Bulgaria registered an unemployment rate of 4.7% in the second quarter of 2021 compared to 5.6% in the same period of last year, the statistical office said on Thursday.
The employment rate among those aged 15 to 64 in the April-June period rose by 2 percentage points (pp) year-on-year to 69.8%, which corresponded to some 3.03 million people, the National Statistical Institute (NSI) said in a quarterly report.
The share of economically active people aged 15-64 stood at 73.2% in the quarter under review, an increase of 1.3 pp from a year earlier.
In the second quarter, the number of unemployed people was 152,200, of whom 57.1% were men.
Youth unemployment, or the share of people in the 15-29 age bracket who were not working, dropped by 2.7 pp to 7.9% in the second quarter of this year, or 31,300 unemployed.
The long-term unemployment rate, or the share of those who have been without a job for a year or more, inched down by 0.2 pp to 2.6%, or 85,400 people, or 56% of all unemployed.
There were over 1.16 million economically inactive people aged 15-64 in the second quarter, of whom over 56% were women, NSI data showed. The total number of people aged 15-64 not in the labour force was equal to 27% of the population in that age group.