Bulgaria Youth Unemployment Rate  Forecast


Youth Unemployment Rate in Bulgaria is expected to be 13.08 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 13.84 in 12 months time. In the long-term, the Bulgaria Youth Unemployment Rate is projected to trend around 15.33 percent in 2020, according to our econometric models.


Bulgaria Youth Unemployment Rate
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Bulgaria Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 6.65 8.4 8 7.9 7.2 7.5
Employed Persons 3172 3075 3074 3155 3144 3047
Unemployed Persons 218 220 226 232 239 285
Long Term Unemployment Rate 3.7 3.37 3.41 3.49 3.66 5.66
Youth Unemployment Rate 13.5 13.08 13.48 13.69 13.84 15.33
Labour Costs 136 119 136 134 122 124
Job Vacancies 18466 18673 18836 18866 18775 18618
Wages 1027 1030 1030 1029 1029 1022
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 60.44 60.18 60.05 59.92 59.59
Retirement Age Men 64 63.56 63.32 63.2 63.08 63.06
Productivity 111 132 103 111 125 130
Part Time Employment 64.4 60.81 62.7 62.38 61.59 63.04
Labor Force Participation Rate 55.8 53.06 53.68 55.03 54.59 53.7
Living Wage Family 1002 1019 1019 1019 1019 1019
Living Wage Individual 767 787 789 788 788 788
Wages High Skilled 1140 1111 1111 1111 1110 1110
Wages In Manufacturing 926 929 928 928 927 920
Wages Low Skilled 631 606 606 606 606 606
Full Time Employment 2903 2900 2913 2950 2927 2862
Employment Change 0.1 0.13 0.14 0.19 0.07 0.04
Employment Rate 52.2 50.68 50.85 52.22 51.94 50.29