Bulgaria: Unemployment remains at a Record Low - 4.2%

In the month of July, the record low level of unemployment of 4.2 percent was preserved, the same was the percentage for June, reports the Bulgarian Employment Agency. Those registered in the labor offices increased slightly by 416 people, and this was mainly due to the registration of Ukrainian refugees with the status of temporary protection.

Albania Raises Interest Rates as Inflation Threatens Growth

Albanian Central Bank governor Gent Sejko at a press conference in Tirana on July 6, 2022. Photo: LSA

Bank governor Gent Sejko warned the country that a current inflation rate of 6.7 per cent might not have peaked, adding that while the country is expected to avoid a recession, growth will likely fall.

Civil servants’ salaries to be increased, says minister

The government will increase the salaries of active and retired civil servants more than the six-month inflation rate, Labor and Social Security Minister Vedat Bilgin has said.

"We will make an additional raise of social protection for public servants above the inflation rate," he said, adding that the increase will also include retired civil servants.

UK hit by second rail strike

Travel on Britain's railway system ground to a halt again yesterday, as the second of three days of widespread strike action this week billed as the biggest in decades got underway.

Thousands of rail workers staged the latest day-long walkout over pay and working conditions, plunging commutes into chaos and forcing many people to stay at home.

Unemployment rate at 11.3 percent in April

Turkey's unemployment rate increased slightly by 0.1 percent from March to stand at 11.3 percent in April, the Turkish Statistical Institute (TÜİK) said on June 10.

The number of unemployed rose by 65,000 to 3.85 million people, data from TÜİK showed.

The unemployment rate was 9.7 percent for men and 14.5 percent for women in April.