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Weak labour market marks 12% drop in job openings compared to June

published on 8/4/22 4:16 PM

Photo: Archive

Bulgaria's largest online career platform reports a significant drop in job postings for July, down nearly 12% compared to June. According to data from the National Statistical Institute and the National Employment Agency, the trend of newly registered unemployed persons outnumbering those who have started work continued in the last week of July. On a year-on-year basis, the decline is one percent, or nearly 500 jobs created.

The biggest drop is in the hospitality industry, as well as in the healthcare and pharmacy and administrative and support services sectors, while the greatest demand for workers is in commerce and industry. There has also been a decline in telecommuting job postings, with refugee vacancies down 7%.

However, despite the lull in the labour market, experts believe that this is a temporary trend due to the summer holiday period when both employers and jobseekers are less active.

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