Bulgaria's University Graduates Take up Unskilled Jobs

Society » EDUCATION | February 25, 2014, Tuesday // 18:07| Views: | Comments: 2
  • Send to Kindle
Bulgaria: Bulgaria's University Graduates Take up Unskilled Jobs

Unemployment rates among Bulgaria's university graduates in the last five years have dropped to about 4 percent.

The encouraging statistics, however, are overshadowed by the fact that most of these employees do not occupy positions that require higher education.

Meanwhile, 15 percent of students who work on probation, continue working for the same employer. The data was provided by Bulgaria's Ministry of Education and Science at the Business and Education conference.

Nearly BGN 4B were stipulated in the education budget, which is nearly BGN 13M more in comparison to 2013. Some EUR 600M are expected under the Science and Education 2014-2020 operational program.

Fewer university graduates remain unemployed in recent years, however most of them occupy positions below their education and training level. According to experts, this means that higher education trains more skilled workers than the labor market can employ.

"Some 75% of graduates work on the official Bulgarian labor market. The remaining 25% work in the gray sector or abroad, according to Georgi Stoychev of the Open Society institute.

Currently, 30% of medical students in Bulgaria are foreigners and about a quarter of Bulgarian graduates never work on the local labor market, meaning that half of medicine students in Bulgaria will soon work abroad, Stoychev added.

Education » Be a reporter: Write and send your article
Tags: students, university, graduates, Bulgaria's Ministry of Education and Science, Business and Education conference
Expats.bg All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (2)
Cindy34murphy - 5 Oct 2015 // 10:38:18

Terrible statistics. The Labor market is in critical situation, I think. I can recommend students to read an article http://www.careercloud.com/news/2015/8/21/13-tricks-to-become-the-perfect-candidate which will help to get a desirable work.

Fr Jack Hackett - 26 Feb 2014 // 10:56:51

Then Bulgaria is following in the footsteps of other EU countries, whose graduates have been forced into similar positions. I cannot help wondering why Eurocrats seem so determined to destroy the nations and cultures of Europe and replace them with those from outside

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