There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said. The typical profile of the inactive person in the country is a 56-year-old woman with a secondary education, living in the city. The National Employment Agency will create a register for this group which will help exploit this potential, Smilen Valov went on to say.
''It is particularly risky at the moment to leave them out of state support, especially young people who neither study nor work, they are the future", Smilen Valov said. In his words, 56% of the persons activated by the National Employment Agency successfully find their place in the labour market.
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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