Bulgarian Ministry of Trade Expects an All-Time Drop in Unemployment for 2019

The Confederation of Independent Trade Unions of Bulgaria reported that the country’s unemployment rates may hit an all-time low during the country’s post-communist history. 179 000 people are expected to be unemployed in 2019, less than half of 2013’s 440 000.

The Ministry of Trade pointed to the reported wage gap between the two genders, with Bulgaria’s women earning 14% less than its men. In comparison, Europe’s average is 16%.

This news comes after numerous positive reports of Bulgaria and Europe’s economy. Bulgaria’s unemployment rates are one of the lowest in the Balkans. The European Commission also predicted a rapid growth of the economies in Central and Eastern Europe for the near future.

Another interesting detail about the story is the statement of trying to decrease the gender pay gap made by the Ministry of Trade. It begs the question as to what the government has in mind, as Bulgaria doesn’t and never has had any laws that enforce unequal pay on the basis of gender.

Alex Dimchev

Alex Dimchev is a writer, editor, and weapons master for EUscoop.com

Countries:

bulgaria

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Business

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