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.
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
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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