The Bulgarian labor market faces a shortage of high-skilled managers, and still has a shortage of IT specialists.

This observation was shared by the Managing Director of Manpower Bulgaria, Nadia Vassileva, in an interview for Novinite.com.

Vassileva has expressed her hopes that the Bulgarian labor market would pick up by the end of 2009, and the companies would start to rehire the employees they laid off over the crisis.

According to Vassileva, the real peril for the Bulgarian economy lies elsewhere, and the government urgently has to come up with measures to boost the country's birth rate, to include marginalized groups in the mainstream labor forces, and to modernize the labor legislation in order to save the imperiled Bulgarian labor market.

Vassileva did point out, however, that the Bulgarian laborers were rather competitive, one of their main advantages being their ability to combine various assignments, and to do multi-task jobs.