Every Fourth Bulgarian With University Degree Works Abroad

Business | March 25, 2014, Tuesday // 17:27
Bulgaria: Every Fourth Bulgarian With University Degree Works Abroad File photo.

Every fourth Bulgarian who has a university degree, works abroad, shows a survey of the Bulgarian Industrial Association (BIA). 

“Bulgaria behaves like a rich country, which exports highly qualified employees abroad,” said Tomcho Tomov of BIA. “At the same time a large number of young adults don't work and receive support from their parents who work abroad.”

According to Tomov, around 40% of the unemployed young adults are “hereditary unemployed”, which means that their parents don't have jobs either. 

The BIA survey found that 70% of the university graduates start work in the commercial, processing or service sectors. The most sought position in the service sector is “security guard”. 

According to BIA, a systematic study of what kind of workers the business needs, is required, as well as how often the employees need qualification courses. 

“We have found that the “life cycle” of IT competences is around four years, for engineering – seven years and for finance – nine years,” Tomov said. 

“People have no jobs, but at the same time there are no people for the jobs,” he added. “Only 30% of the university graduates work at a position, requiring their degree. There is a paradox – the education system does not prepare employees, but unemployed.”

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: university degree, university graduate, unemployed, qualification courses

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria