Newsletter Database

216 articles found.
The parliament’s legal committee approved a bill on the state of emergency measures to limit the ... [more]

The parliament’s legal committee approved a bill on the state of emergency measures to limit the spread and overcome the consequences of the COVID-19 epidemic. The Labour Code changes will allow employers to force employees to take their paid leave during the state of emergency. When a company’s operations are suspended by government order, employees have to be paid no less than 50% of their net wages, but no less than 75% of the minimum wage.

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The Confederation of Independent Trade Unions in Bulgaria (CITUB) and the Podkrepa Confederation ... [more]

The Confederation of Independent Trade Unions in Bulgaria (CITUB) and the Podkrepa Confederation of Labour announced a series of protests against the so-called European Green Deal. According to the unions’ presidents, they are not against making the economy greener but oppose the proposed intensity and time span.

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30% of pensioners are at risk of poverty according to Eurostat. This is the fourth-highest rate i... [more]

30% of pensioners are at risk of poverty according to Eurostat. This is the fourth-highest rate in the EU. The at-risk-of-poverty rate for pensioners has been rising gradually since 2013, when it was 13%.

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Many young Bulgarians graduating from secondary school do not want to work in industry, but prefe... [more]

Many young Bulgarians graduating from secondary school do not want to work in industry, but prefer to work in the service sector. These are the results of a PISA survey conducted for the Organization for Economic Cooperation and Development (OECD). Massive changes in the labour market and the emergence of new professions have made virtually no impression on young people in Bulgaria.

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In 2019, 216,256 jobless people found employment through job centres. Since the beginning of 2019... [more]

In 2019, 216,256 jobless people found employment through job centres. Since the beginning of 2019, 24,412 youths under 29 have found employment, as well as 24,398 long-term unemployed people, 43,975 who were jobless and over 55, 13,954 disabled people and 58,782 unskilled job applicants.

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In the third quarter of 2019, total hourly labour costs paid by employers in Bulgaria increased b... [more]

In the third quarter of 2019, total hourly labour costs paid by employers in Bulgaria increased by 10% compared with the third quarter of 2018, according to early estimates published by the National Statistical Institute. A breakdown by economic activity shows that the highest rise in total hourly labour costs in the third quarter of 2019 compared with the third quarter of 2018 was recorded in the real estate sector (15%) and education (12.8%). In industry, total hourly labour costs grew by 8.3%, in services by 10.5%, and in construction by 10.1%.

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Nearly 70% of surveyed entrepreneurs consider the lack of skilled labour as the biggest obstacle ... [more]

Nearly 70% of surveyed entrepreneurs consider the lack of skilled labour as the biggest obstacle in their work, said the chairman of the Bulgarian Industrial Association (BIA). He presented the annual survey among BIA members on the business climate over the past year and expectations for 2020. The survey was conducted among 792 company managers.

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According to preliminary data from the National Statistical Institute (NSI), at the end of Septem... [more]

According to preliminary data from the National Statistical Institute (NSI), at the end of September 2019 the number of employees under a labour contract decreased by 39,100, or 1.7%, compared to the end of June 2019, reaching 2.31 million.

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A report released by the Ministry of Finance estimates that the average monthly salary in the cou... [more]

A report released by the Ministry of Finance estimates that the average monthly salary in the country will reach about € 767 in 2021. According to local news the ministry predicts that the average salary in the country will reach € 715 next year, and € 818 in 2022. Bulgaria is at the bottom of the EU population income list. In 2018, the average hourly labour cost in Bulgaria is the lowest in the European Union, equal to € 5.40.

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The Bulgarian government has approved the bill on the 2020 state social security budget. The bill... [more]

The Bulgarian government has approved the bill on the 2020 state social security budget. The bill envisages increase in pensions by 6.7% as of 1 July 2020. The bill also proposes changes to the Social Security Code related to the implementation of the state social insurance budget, as well as some amendments that detail provisions on insured persons’ rights.

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