In the medium term, employers expect high economic growth and will need 243,000 professionals with higher education and 245,000 with secondary education. 194,000 people will be needed in the spheres trade, tourism and transport. The industry sphere will need 68,000 workers, while construction will need 46,000. Government, education and health would need 73,000 new employees. A significant shortage of medical professionals is expected.
According to the analysis of the Institute for Market Economy, at this stage the shortage of personnel has no visible solution. Demographics point to a rapid decline of the working age population. Integration policies for the inactive and for groups with limited access to the labor market are lagging behind and the country is far from being among the most attractive ones for foreign workers.
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko Nikolov said . He quoted a report by the Economic Research Institute at the Bulgarian Academy of..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
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