Between March 13 and June 30, nearly 180,000 people have kept their jobs in more than 25,000 companies due to the initial version of the 60/40 wage support scheme. Between July 15 and August 27 a total of 3,776 applications for compensations of 119,754 employees were submitted, this country’s Ministry of Labor and Social Policy announced.
Nearly EUR 164 million was paid in compensations until now. Another 300,000 job positions will be kept until the end of 2020. EUR 250 million was allocated for this purpose. Unemployment levels would have soared to 14% if the abovementioned measured were not adopted, the Social Ministry contends, quoted by BTA. Now, Bulgaria’s unemployment stands at 7.9%
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