Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Unemployment will reach 10 percent by end of 2020, trade unions say

Photo: BGNES

One of the two largest trade unions in Bulgaria, CITUB, estimates that the number of unemployed in Bulgaria could reach about 330,000 people by the end of 2020. This represents a rise in unemployment of about 4% annually. From a level of 5.9% at the end of 2019, unemployment will reach about 10% by the end of 2020. CITUB estimates that the additional pressure on the National Social Security Institute's unemployment fund (NSSI) will be two times higher than the government estimates, so an urgent reassessment of the parameters for updating the NSSI budget was needed.

At the backdrop of the complicated situation on the market caused by the epidemic, CITUB starts consultations on labor, insurance and other issues.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Employees of Bulgaria's State Railways detained for diesel fuel theft

The Ministry of Internal Affairs has detained about 20 people - some of whom worked for the Bulgarian State Railways, for large-scale theft of diesel fuel in a specialized operation in the area of ​​the Karnobat railway station. It was established..

published on 2/28/25 1:53 PM

EPPO presses charges against two Bulgarians suspected of fraud for EUR 66,750

The branch of the European Public Prosecutor's Office in Sofia has indicted two individuals suspected of fraud for EUR 66,750. The money comes from the European Social Fund and state co-financing, reported BNR’s correspondent in Brussels Angelina..

published on 2/28/25 12:25 PM

Ministry of Foreign Affairs advises against travel to Greece due to a national strike

The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry advises people to check the situation in Bulgaria's southern neighbor and the timeliness of flight..

published on 2/28/25 11:31 AM