Nr. 44, 23-11-2012
Weekly Bulletin
ISSN 1314-5339

Currency
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BULGARIAN ECONOMY

Main labour force survey results for the third quarter of 2012


Main labour market results for the third quarter of 2012

The activity rate of population aged 15 - 64 was 68.6%, by 1.9 percentage points higher in comparison with the third quarter of 2011.

The employment rate of population aged 15 - 64 was 60.6%, by 0.8 percentage points above its value for the corresponding quarter of the previous year.

The unemployment rate was 11.5%, by 1.3 percentage points higher compared to the same quarter of 2011.

Discouraged persons aged 15 - 64 were 210.0 thousand, representing 13.6% of the total number of inactive persons in the same age group.

Employment

In the third quarter of 2012 the total number of employed persons (aged 15 years and over) was 3 017.1 thousand, representing 47.9% of population in the same age group. In comparison with the same quarter of 2011 the number of employed declined by 19.4 thousand, and their relative share was by 0.2 percentage points higher.

Between third quarters of 2011 and 2012 a decrease of employment was observed only for men - the number of employed men decreased by 1.6%, and the share of those in employment among men aged 15 years and over by 0.2 percentage points. In the third quarter of 2012, 1 584.6 thousand (52.5%) of all employed persons were men and 1 432.5 thousand (47.5%) were women.

Employed who had attained higher education were 840.1 thousand, accounting 27.8% of all in work, 1 836.0 thousand (60.9%) had completed upper secondary education and 341.0 thousand (11.3%) had lower secondary education or less. As compared with the third quarter of 2011 a decrease was registered in the number of employed with lower secondary education and with upper secondary education as well.

Out of the total number of employed persons 3.5% (105.0 thousand) were employers, 7.5% (224.8 thousand) were self-employed (without employees), 88.2% (2 660.7 thousand) were employees and 0.9% (26.6 thousand) were unpaid family workers. In the private sector 1 934.7 thousand (72.7%) were at work, and in the public sector - 726.0 thousand (27.3%).

In the third quarter of 2012 in services worked 1 868.3 thousand people (61.9% of all employed persons), in industry - 933.9 thousand (31.0%), and 215.0 thousand (7.1%) were in agriculture, forestry and fishing.

Under the age of 65 were 2 978.4 thousand employed persons. The employment rate for population aged 15 - 64 was 60.6% and by sex it was 63.1% for men and 58.0% for women.

Unemployment

In the third quarter of 2012 unemployed were 393.2 thousand persons, of whom 231.5 were men and 161.8 were women. In comparison with the third quarter of 2011 the number of unemployed rose by 13.5%.

The unemployment rate increased for the same period by 1.3 percentage points and during the third quarter of 2012 was 11.5%. The rate went up by 1.7 percentage points for men and by 0.7 percentage points for women and reached 12.7 and 10.1% respectively.

The number of long-term unemployed was 221.7 thousand, which was 56.4% of all unemployed and compared to the third quarter of previous year their number rose by 6.5%. The long-term unemployment rate went up by 0.3 percentage points and achieved 6.5% in the third quarter of the current year, respectively 7.2% for men and 5.7% for women.

In the third quarter of 2012 previous employment experience had 323.3 thousand (82.2%) of all unemployed persons, as their number went up by 14.7% compared to the same quarter of 2011. Unemployed, who were looking for their first job rose by 8.3% and during the third quarter of 2012 reached 70.0 thousand.

Source: National Statistical Institute

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