Bulgaria Youth Unemployment Rate  Forecast


Bulgaria Youth Unemployment Rate
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Youth Unemployment Rate in Bulgaria is expected to be 10.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Bulgaria to stand at 11.59 in 12 months time. In the long-term, the Bulgaria Youth Unemployment Rate is projected to trend around 13.19 percent in 2020, according to our econometric models.


Bulgaria Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 6.71 8.4 8 7.9 7.2 7.5
Employed Persons 3225 3075 3074 3155 3144 3047
Unemployed Persons 220 229 238 245 252 294
Long Term Unemployment Rate 3.5 3.39 3.44 3.52 3.68 5.68
Youth Unemployment Rate 11.5 10.6 10.98 11.43 11.59 13.19
Labour Costs 136 119 136 134 122 124
Job Vacancies 18908 18673 18836 18866 18775 18618
Wages 1064 1063 1061 1060 1060 1053
Minimum Wages 235 230 243 251 251 230
Population 7.1 7.1 7.06 7.06 7.06 6.97
Retirement Age Women 61 60 60 60 60 60
Retirement Age Men 64 64 63.5 63.25 63 63
Labor Force Participation Rate 56.5 53.06 53.68 55.03 54.59 53.7
Living Wage Family 1060 1097 1097 1097 1097 1113
Living Wage Individual 675 696 696 696 696 692
Part Time Employment 73.2 62.31 64.82 67.26 65.6 64.77
Productivity 126 132 103 111 125 130
Wages High Skilled 1260 951 986 1003 1020 964
Wages In Manufacturing 926 929 928 928 927 920
Wages Low Skilled 657 531 551 561 571 539
Full Time Employment 3020 2900 2913 2950 2927 2862
Employment Change 0.1 0.13 0.14 0.19 0.07 0.04
Employment Rate 53.2 50.68 50.85 52.22 51.94 50.29