Labor Market One of Bulgaria´s Main Problems

BusinessEconomy ♦ Published: February 12, 2013; 10:40 ♦ (Vindobona)

The labour market remains among the key problems of the economy, although the increase of the indicator with respect to the values registered in the summer was lower than expected.

The provisional Eurostat data concerning the rate of unemployment show that in December 2012 the value of the indicator reached 12.5%1. The developments in the preceding two months also led to similar, slowing increasing values (11.8% in October and 12.2% in November). Compared to the results registered for the summer months, this growth can be considered moderate (the unemployment rate…