One out of 6.5 million Bulgarians are inactive

Specific regional policies needed to address employment and economic activity imbalances

published on 5/20/24 3:08 PM

Photo: BTA

Regional policies are needed to address imbalances in employment and economic activity levels in different regions of Bulgaria, taking into account the specificities of each region. This is the recommendation of the Council for Economic Analysis study "Job Multipliers in Bulgaria", which was presented to the Council of Ministers today.

According to the Employment Agency, more than 1 million people in Bulgaria (with a population of less than 6.5 million) are inactive, neither working nor studying. The distribution of employment is uneven, with more than half of Bulgaria's municipalities reporting employment rates around or below 50%, according to the BTA.

The study finds that small municipalities need better funding for entrepreneurial activity and better integration. In addition, investment in transport connections at the district level is crucial.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy council for economic analysis economy imbalances regional unemployment

More from category

Bulgarian President invites Japanese businesses to invest in Bulgaria at forum in Tokyo

Bulgarian President Rumen Radev extended an invitation to Japanese business to invest in Bulgaria . This happened during an economic forum in Tokyo organized by the Japan External Trade Organization JETRO . At the forum, Radev who is on..

published on 5/20/25 10:52 AM

Eurostat: Inflation in Bulgaria slows to 2.8%

According to Eurostat estimates, price growth in the EU slowed down to 2.4% year-on-year in April 2025, compared to 2.5% in March. According to data reported by BTA, Bulgaria's annual inflation rate slowed down to 2.8% in April, down from 4% in March..

published on 5/19/25 4:01 PM

Osaka calls for stronger economic ties between Bulgaria and Japan

'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden' and the 'mighty financial powerhouse'. These descriptions are all accurate, sparking the interest of..

published on 5/19/25 3:14 PM