Bulgarian Labor Market: Participation Rate Grows

BusinessEconomy ♦ Published: December 15, 2012; 15:49 ♦ (Vindobona)

A repeated Eurozone recession could additionally deteriorate the state of employment, Raiffeisen Research says.

Bulgarian Labor Market: Participation Rate Grows / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]

The increase of the labour force2 continued also in Q3 2012: by 49 thousand (1.5%) vs. the same period of 2011. The annual increase was higher for males: by 41.9 thousand (2.4%), while for females it amounted to 7.1 thousand (0.4%). By age groups, positive changes were registered only for the persons at the age of 15 to 24 years – by 9.9 thousand (3.9%), of 25 to 34…