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The number of unemployed young people in Bulgaria grew by 15 000 over the past five years and already nearly 1/3 of the youth is unemployed.
A discussion on boosting youth unemployment on Thursday made clear that joblessness among young people was growing at a pace which placed Bulgaria second in the EU.
A survey of the Bulgarian Industrial Association (BIA), as cited by the Bulgarian National Radio (BNR), pointed out other worrying trends, such as the fact that the number of unemployed young people with secondary and higher education kept increasing, as well as the duration of unemployment.
The survey also indicated that 17.5% had never started a job.
Tomcho Tomov, President of the Association for the Development of Human Potential in Industry, emphasized that another problem on the labor market in the country was that nobody in Bulgaria knew what employees were needed in a short-term perspective in the next 5-10 years.
The scarcity of young people seeking vocational education was also cited as a problem.
It was reported that a mere 24% of university graduates managed to find jobs matching their university degree in the 4 years after the completion of the degree.
The participants in the discussion made clear that 19% of the vacancies were occupied by underqualified people, while 50% of the people with university degrees found jobs requiring secondary education.
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Recent data released by the European Statistics Office Eurostat shows that the unemployment landscape in the European Union (EU) remained stable in February, with the unemployment rate holding steady at 6 %
Unemployment in Bulgaria saw a slight uptick in January, with the registered rate climbing by 0.2% compared to December figures. According to data from the Employment Agency, the unemployment rate now stands at 5.8%
According to a report, released by Eurostat, Bulgaria's unemployment rate in December 2023 remained static at 4.3%, a marginal increase from the 4% reported in December 2022
In a significant turn, the unemployment rate across the Eurozone hit a remarkable record low of 6.4% in November 2023, marking a decline from the previous 6.5% in October and notably lower than the 6.7% reported a year earlier in November 2022
The number of unemployed people registered at the labor offices at the end of last month was just under 150,000
The European Commission has approved a Bulgarian state aid scheme in the amount of 77 million euros of state aid for investments in areas with high unemployment in Bulgaria
During the night, showers are expected in some areas, primarily in the western and northern regions, while the rest of the country will experience clearing skies
A recent study conducted by the sociological agency "Global Metrics" on behalf of UNICEF Bulgaria and the Ministry of Health sheds light on the attitudes of Bulgarian parents towards vaccination
Bulgaria has crowned not one, but two Spelling Bee champions this year
The municipal council of Burgas has opted to extend the operation of the city's "green zone" for paid parking throughout the entire year, with both summer and winter hours
As concerns over public health continue to mount, Parliament is deliberating on proposed amendments to the Health Act aimed at cracking down on indoor smoking, encompassing all smoking products, including non-tobacco alternatives and hookahs
In response to a surge in whooping cough infections across the country, the Ministry of Health has announced a significant adjustment to the immunization schedule
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