Bulgaria’s Ministry of Labor and Social Policy will continue fulfilling the Youth Employment Programme even until 2018, if Bulgarian employers and young people show further interest in it, Bulgaria’s Minister of Labor and Social Policy Zornitsa Rusinova told media on Sunday. Currently the procedures of the Youth Employment Programme are more alleviated in terms of the documentation filed by the Bulgarian employers, as compared to the beginning of the programming period. The high efficiency of the Youth Employment Programme is proved by the fact that currently over 8,300 young Bulgarians are working on probation and nearly 40% of all young Bulgarians who work on probation sign permanent job contracts with the companies they work for, Minister Rusinova further said.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
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