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Eurostat: Bulgaria places in the middle of EU ranking in terms of employment rate

In 2020, the European Union labor market was strongly impacted by the Covid-19 pandemic, indicates data of Eurostat.  Between 2019 and 2020, employment rate in Spain fell 2.3% to 65.7%. Employment rate in Ireland  decreased by 1.7% to 73.4% and..

21.04.21 17:08 |

Bulgarian government extends employment support measures

The Bulgarian government has extended until the end of May the employment measures known as "60/40" and "80/20" in support of employers in the sectors affected by the Covid-19 pandemic.  The "Keep me" measure to compensate employees from closed..

17.03.21 17:02 |

Extension of measures to preserve employment proposed

The “60/40” measure aimed at preserv ing employment during the pandemic will be extended from April 1 to May 31, according to government plans , BNR's Horizon t program has reported. The proposal will..

11.03.21 14:35 |

Bulgaria’s authorities to help unemployed Roma enter the labor market

160,000 young Bulgarians neither work nor study, this country’s Minister of Labor and Social Policy Denitsa Sacheva said at a forum aimed to promote employment among the Roma, organized by the Embassy of Switzerland in Bulgaria.  “People with..

23.02.21 16:16 |

250,000 workers have benefited from the 60/40 measure

Under the measure 60/40 in support of businessеs and employees, BGN 629 million have been paid so far , it became clear at the last meeting of the National Council for Tripartite Cooperation.  Thus, 250,000 employees in 11,000 companies managed..

02.01.21 10:43 |

380,000 persons have lost their jobs since start of Covid crisis

380,000 people have lost their jobs in the last eleven months , indicates data of Bulgaria's National Statistical Institute and the Employment Agency, which are monitoring how the Covid crisis is affecting the labour market.  During the same period,..

02.01.21 10:07 |

60/40 wage support scheme to be extended until September 2021

Bulgaria’s cabinet extended the 60/40 measure until the end of March at today's online meeting. In the coming weeks, its implementation will be guaranteed until September 2021, this country’s Premier Boyko Borissov announced.  The state authorities..

30.12.20 11:45 |

Language barrier among main impediments in hiring workers from non-EU countries

The language barrier and the lack of information on labor and social security rights in other languages are among the main problems in hiring workers from non-EU countries in Bulgaria, a survey by the Institute for Social and Trade Union..

28.12.20 10:17 |
The Bulgarian Development Bank

Impact of Covid-19 crisis on loans and deposits in Bulgaria

The outgoing 2020 was not very good in economic terms, but fortunately the crisis provoked by the Covid-19 pandemic did not reach the scale of the world financial crisis form the period 2008-2009. Banks around the globe and in Bulgaria entered..

07.12.20 00:59 |

“Employment for You” measure to facilitate hiring of people

Starting tomorrow, businesses can apply under much more favorable conditions for the measure "Employment for You", which provides subsidized employment. Financing totaling about 82 million has been provided for this purpose and will be distributed on..

26.11.20 16:45 |
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