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Unemployment in our country increased the most – Insurance

Unemployment in Bulgaria has risen the most compared to other countries in the European Union, Eurostat reported.

In the last quarter of 2020, it increased by 0.3% compared to the previous quarter to a level of 5.4%. In the EU as a whole, unemployment is falling in 18 of the 27 countries.

The biggest decline is in Luxembourg. by 1.9%), followed by Ireland and Portugal – by 0.7 percent.

Luxembourg is also the country with the most significant increase in employment between the third and fourth quarters of 2020 – by 2.1%.

Nand the opposite pole is Slovakia and Belgium, where employment is down 0.3%.

On average, six unemployed people compete for one job

At the same time, employment in Bulgaria is growing at a slightly faster rate than the EU average – within 0.6 points.

Eurostat

Overall, the EU labor market is showing weak signs of recovery at the end of 2020, Eurostat reports.

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