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

Bulgaria will need half million workers in next five years: BICA Chairman Vasil Velev

Photo: BGNES

If Bulgaria’s economy continues to develop with the current rates the Bulgarian business will need an extra half a million employees and experts in the next five years. The shortage of manpower in Bulgaria is due to the demographic trends, migration and the growth of the economy, the Chairman of the Bulgarian Industrial Capital Association Vasil Velev told the Bulgarian National Radio. Bulgaria faces a serious shortage of engineers, nurses, teachers, drivers and people employed in the tourism and agriculture fields, Vasil Velev pointed out. In his words, the Bulgarian business has already started to feel the lack of manpower which hampers the country’s economic growth. The growth of the Bulgarian economy is moderate, but this country places 12th in the EU in terms of GDP growth in the first half of 2018 and the economies of almost all countries from Central and Eastern Europe have registered higher growth than Bulgaria, Vasil Velev went on to say.




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

Vice President Iliana Iotova: "Because of the changes in the Constitution, MPs are unable to elect Parliamentary Speaker"

Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators.  Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..

published on 11/21/24 4:45 PM

Bulgaria is among the first in the EU in new car registrations

New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%.  According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..

published on 11/21/24 3:45 PM

Teachers in Bulgaria ready to go on strike, demand pay rise

77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..

published on 11/21/24 1:30 PM