Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Unemployment is expected to start declining at end of year

Photo: BGNES

Restoration of employment levels is expected to start at the end of the year, Minister of Social Affairs Denitsa Sacheva said at the presentation of the renewed measure for preserving jobs - 60/40.

Speaking to the National Council for Tripartite Cooperation, Minister Sacheva quoted the latest forecast in an update of the state budget that GDP was expected to fall by 3% in 2020. The average year-on-year decline in employment is estimated at 2.1%. According to the Employment Agency, as of June 25, 2020, the registered unemployed were over 277,000 people. On the same date in 2019, there were 170,000 unemployed. As of June 24, “Measure 60/40” saved 155,371 jobs, which cost the state budget over 58.6 million euros.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Fourth no-confidence motion against Rosen Zhelyazkov’s cabinet to be voted on Friday

On Friday, the National Assembly will vote on a no-confidence motion against the cabinet of Prime Minister Rosen Zhelyazkov over ''failures in environmental and water policy''. The fourth no-confidence motion against the current government was tabled..

published on 7/9/25 6:09 PM

Albania's National Assembly Speaker Elisa Spiropali visits Bulgaria

The Speaker of the   Parliament of  Albania, Elisa Spiropali, has arrived in Bulgaria for an official visit. The two-day visit is at the invitation of National Assembly Speaker Natalia Kiselova . Elisa Spiropali was welcomed at the airport by the..

published on 7/9/25 5:48 PM

National Assembly reduces tuition fees at first reading

Tuition fees at state universities should not exceed 75% of the expenses for the training. This was what MPs decided with amendments to the Higher Education Act adopted on Wednesday at first reading. It is expected that after the..

published on 7/9/25 4:08 PM