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.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
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