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.
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
Partly Cloudy
Mostly Cloudy
Cloudy