Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian business will need half a million new specialists in the next five years

Photo: library

In the medium term, employers expect high economic growth and will need 243,000 professionals with higher education and 245,000 with secondary education. 194,000 people will be needed in the spheres trade, tourism and transport. The industry sphere will need 68,000 workers, while construction will need 46,000. Government, education and health would need 73,000 new employees. A significant shortage of medical professionals is expected. 

According to the analysis of the Institute for Market Economy, at this stage the shortage of personnel has no visible solution. Demographics point to a rapid decline of the working age population. Integration policies for the inactive and for groups with limited access to the labor market are lagging behind and the country is far from being among the most attractive ones for foreign workers.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria and US to exchange tax information automatically

Bulgaria and the US have already signed an agreement on the automatic exchange of tax information.  The document was signed by Deputy Prime Minister and Finance Minister Lyudmila Petkova and US Ambassador to Bulgaria Kenneth Merten. "Administrative..

published on 5/31/24 4:02 PM

Business climate marks improvement of 0.6 points in May

In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry.  In construction, industry and services, no price..

published on 5/30/24 1:12 PM
Bulgarian National Bank building

Within the framework of the budget deficit the government takes on new 3-year debt

The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..

published on 5/28/24 9:19 AM