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

Citizens boycott banks and food chains

A third supermarket boycott has been announced for today. This time the organisers are calling not only for a halt to shopping in large stores, but also to banking transactions - withdrawals, deposits, transfers and payments. Boycotting chain stores..

published on 2/27/25 10:10 AM

Made in Bulgaria – Union of Small and Medium Enterprises presents its annual awards

The association "Made in Bulgaria – Union of Small and Medium Enterprises" will hold its 31st Golden Martenitsa Award Ceremony this evening at 6:00 pm. President Rumen Radev is also expected to attend the event. The "Golden Martenitsa" award was..

published on 2/27/25 6:10 AM

Cloudy and foggy weather expected on Thursday, temperatures in wide limits

On Thursday, minimum temperatures in Bulgaria will be in wide limits, from minus 6° - minus 8°C in places with fog, to about 5°C in the extreme southwestern regions of the country. In Sofia, it will be about minus 1°C.  During the day,..

published on 2/26/25 7:15 PM