One out of 6.5 million Bulgarians are inactive

Specific regional policies needed to address employment and economic activity imbalances

published on 5/20/24 3:08 PM

Photo: BTA

Regional policies are needed to address imbalances in employment and economic activity levels in different regions of Bulgaria, taking into account the specificities of each region. This is the recommendation of the Council for Economic Analysis study "Job Multipliers in Bulgaria", which was presented to the Council of Ministers today.

According to the Employment Agency, more than 1 million people in Bulgaria (with a population of less than 6.5 million) are inactive, neither working nor studying. The distribution of employment is uneven, with more than half of Bulgaria's municipalities reporting employment rates around or below 50%, according to the BTA.

The study finds that small municipalities need better funding for entrepreneurial activity and better integration. In addition, investment in transport connections at the district level is crucial.

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Radio Bulgaria Economy council for economic analysis economy imbalances regional unemployment