Bulgaria’s Labor Market Struggles with Skill Gaps as Job Supply Outpaces Demand
In Bulgaria, the current labor market is facing a situation where job supply exceeds demand, creating challenges for employers
7 % оf people with higher education are officially unemployed, BNR reports.
The employment rate of the graduates is over 80%, announced the Deputy Minister of Labor and Social Policy Lazar Lazarov at the opening of the Youth Career Forum "National Career Days".
"Digitization, globalization, lead to other processes that we call employment polarization. Many people, highly qualified, will have to take jobs that do not meet their qualification, "Lazarov warned.
Lazar Lazarov pointed out that in the near future nearly 30% of the work environment will be mechanized and automated.
Today and tomorrow at the National Palace of Culture in Sofia is held the biggest career forum "National Career Days - Good Career, Good Life".
Since its inception 18 years ago, 45,000 young people have found a job in the labor market.
The largest forum for student internships and work in the country is already established as the place where the career of thousands of ambitious young people begins.
At this year's event, staff will look for more than 170 Bulgarian and international companies from different business sectors.
Thus, the forum responds to both the needs of young people to enter the labor market and companies to find the qualified staff they need.
Within a month, the forum will tour eight academic cities in the country, with Sofia, Varna, Burgas, Rousse, Svishtov, Veliko Tarnovo, Gabrovo and Burgas.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
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