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.
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
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