"The labour market in Bulgaria is strongly influenced by fundamental factors such as the demographic crisis, the disparity between labour force supply and demand and the expanding grey economy. The changing economic situation also has a negative impact. Along with an increasing unemployment rate, it should be noted that the quality of unemployment is also changing: an increasing relative share of long-term unemployed people; of people accumulating several vulnerability risks; and low labour market competitiveness in general. Meanwhile, passive labour market measures are being implemented in an unstable fiscal environment, causing a growing deficit in the Unemployment Fund. The expectations are that, due to its serious structural weaknesses, the recovery of the labour market in Bulgaria will be slower than the recovery of the economy and will mainly depend on the will of the government to stimulate the process by making changes to its social, economic and structural policies "

Support: Digital;Paper