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Record-low February jobless rate in Bulgaria

Date: 24.03.2006

Bulgaria registered a record-low unemployment level in February 2006.

The unemployment level has reached 11.50% thus going down by 0.17 points as compared to January, the Employment Agency reported. This is the lowest level of registered unemployed in 15 years, the agency takes pride.

A total of 426,151 unemployed people have been registered in February, which is down by 60,000 as compared to the same period in 2005.

The unemployment is decreasing as the beginning of the 2006 saw the launch of most of the projects for unemployment reduction opened by the government.

In February some 18,214 jobs have been opened at the labour bureaus in the country.

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