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

Fewer people enter Bulgaria's labor market

Photo: archive

The average life expectancy in Bulgaria is 73-74 years. In 2000, 100 economically active people were replaced by 120, whereas in 2021, 100 economically active people are being replaced by 64 people only. 

"If this country fails to adopt the necessary measures to reverse the trend, the staffing problem will worsen and the new generations will struggle to solve it", Tsvetan Spasov from Bulgaria’s Ministry of Labor and Social Policy said at a press conference held at the Bulgarian Industrial Association.

According to the expert, the ageing population should be perceived as a hidden human resource. The authorities should encourage the use of this resource, Tsvetan Spasov 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

Атанас Пеканов

Losing €8bn under RRP a huge mistake, former deputy prime minister for EU funds warns

Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by..

published on 7/7/24 11:20 AM
Патриарх Даниил

Patriarch Daniil has called for healing of rift between Orthodox churches

The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between some Orthodox churches, which we should try to overcome," he said in response to a question from the..

published on 7/7/24 9:57 AM

Children will compete in the first "Sofia Bicycle Show" in the capital’s Zapaden Park

The first youth cycling festival "Sofia Bicycle Show", organized by "Sofia - World Capital of Sports" will take place today in the renovated Zapaden Park in the capital city. Children will compete on a completely safe and..

published on 7/7/24 8:30 AM