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 Bulgaria 2nd in EU Unemployment Rise July 2011

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PostSubject: Bulgaria 2nd in EU Unemployment Rise July 2011   Bulgaria 2nd in EU Unemployment Rise July 2011 Icon_minitimeWed Aug 31, 2011 12:40 pm

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Bulgaria 2nd in EU Unemployment Rise July 2011

Bulgaria has registered the second highest increase in its unemployment rate among the EU member states in July 2011 year on year, Eurostat reveals.

Bulgaria's unemployment rate increased from 10.0% to 11.5% compared with the same period of 2010. The highest increase was registered in Greece (11.0% to 15.0% between the first quarters of 2010 and 2011 ), Slovenia is third (7.2% to 8.4%).

Among the member states, the lowest unemployment rates were recorded in Austria (3.7%), the Netherlands (4.3%) and Luxembourg (4.6%), and the highest in Spain (21.2%), and Latvia (16.2% in the first quarter of 2011).

The EU27 seasonally-adjusted unemployment rate was 9.5% in July 2011, unchanged compared with June. It was 9.7% in July 2010.

Between July 2010 and July 2011, the unemployment rate for males fell from 10.0% to 9.6% in the Euro area and from 9.6% to 9.3% in the EU27. The female unemployment rate remained unchanged at 10.4% in the Euro area and at 9.7% in the EU27
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Bulgaria 2nd in EU Unemployment Rise July 2011

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