Unemployment

In April 2013, EU Member States made a commitment to ensure young people's successful transition into work by establishing Youth Guarantee schemes.

Bulgaria registered a 2 % decrease in its unemployment rate in the past year, according to the latest data of Eurostat, which was released on Friday.

In December 2014 the unemployment rate in Bulgaria was 10.8 %, which represents a decrease of 0.2 % compared to the previous month and a drop of 2 % compared to December 2013.

GDP drops 1.6 percent, unemployment rate down

BELGRADE -- Real year-on-year drop in Serbia's GDP in the fourth quarter of 2014 was 1.6 percent, the national statistical office has stated.

NOVI SAD - Serbian Minister of Public Administration and Local Self-Government Kori Udovicki has said that in order to make it more efficient, the public administration will as soon as possible downsize its workforce, not in a linear way though.

The Turkish government plans to boost employment specifically for women by making the working conditions better and reducing the informal economy with the new reform package. 

Labor reforms targeted at reducing the informal economy and boosting employment, especially of women, were announced by Prime Minister Ahmet Davuto?lu yesterday. 

Nearly a quarter of around 3 million unemployed people in Turkey are university graduates, according to official figures that reveal severity of situation Economic growth, which is estimated to have dropped to 2.5 percent in 2014, has also made unemployment climb.

The unemployment rate in Romania hit 5.29 percent at a national level at end-Dec., by 0.11 percent higher than in Nov. and by 0.36 percentage points lower than at end-Dec. 2013, says a release sent by the National Employment Agency to AGERPRES on Thursday.

Photo credit: (c) CONSTANTIN DUMA / AGERPRES ARCHIVE

BELGRADE- The unemployment rate in Serbia will be on a slight decline over the next several years and is expected to be at 21.5 percent this year, according to the projections and data published on the International Labour Organisation (ILO) website.

Operational program Human Resources Development 2014-2020 was officially launched Thursday in Plovdiv.

The ceremony was attended by Ivaylo Kalfin, Deputy Prime Minister and Minister of Labor and Social Policy.

The resources of the operational program for the 2014-2020 period amount to over BGN 2 B, according to reports of the BGNES news agency.

The low minimum wage disincentivises people from working and they prefer to live on benefits, according to Ivaylo Kalfin, Bulgaria's Minister of Labor and Social Policy.