November 24, 2022
Main labour market indicators in the third quarter of 2022 in Bulgaria
The activity rate of the population aged 15 – 64 was 74.7%, or 1.8 percentage points higher compared with the third quarter of 2021.
The employment rate of the population aged 15 – 64 increased by 2.4 percentage points in comparison with the same quarter of 2021 and stood at 71.9%.
The unemployment rate was 3.7%, or 0.9 percentage points lower compared with the third quarter of 2021. There were 50.8 thousand discouraged persons aged 15 – 64, representing 4.6% of the economically inactive population in the same age group.
Employment
In the third quarter of 2022, there were 3 215.6 thousand employed persons, of whom 1 717.6 thousand men and 1 498.0 thousand women. Compared with the third quarter of 2021, the number of employed persons increased by 2.6%. The employment rate for the population aged 15 years and over was 55.4%, 61.8% for men and 49.5% for women.
In the third quarter of 2022, the majority of employed persons worked in the service sector – 2 007.9 thousand (62.4%), followed by those in the industry sector – 975.0 thousand (30.3%) and in agriculture, forestry and fishing – 232.7 thousand (7.2%).
Of all employed persons, 4.0% (130.1 thousand) were employers, 7.0% (224.9 thousand) were self-employed persons without employees, 88.5% (2 845.5 thousand) were employees and 0.5% (15.1 thousand) were unpaid family workers. Of all employees, 2 213.1 thousand persons (77.8%) worked in the private sector, while 632.4 thousand (22.2%) worked in the public sector. Of all employees, 139.6 thousand persons (4.9%) had а temporary job (with limited duration).
In the third quarter of 2022, the employment in specific age groups was as follows:
There were 3 114.6 thousand employed persons aged 15 – 64. The employment rate for the same age group was 71.9% (75.5% for men and 68.1% for women).
The employment rate for the age group 15 – 29 was 39.9% (44.8% for men and 34.7% for women). The employment rate for the age group 20 – 64 was 77.2%, 81.2% and 73.2% for men and women, respectively. In comparison with the third quarter of 2021, this rate registered an increase of 2.7 percentage points, the same for men and women.
There were 633.0 thousand employed persons aged 55 – 64, representing 69.9% of the population in the same age group (75.3% of men and 64.9% of women). In comparison with the third quarter of 2021, the employment rate for the age group 55 – 64 increased by 3.7 percentage points.
Source: National Statistical Institute of Bulgaria
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