Bulgaria with record-high employment, but economists warn of risks
Bulgaria has recorded historically low levels of unemployment in recent months, economic experts report. Data shows that employment in the country has reached record-high levels, placing Bulgaria among the leading countries in the European Union in this indicator.
Despite the positive statistics, Bulgarian employers continue to face serious difficulties in finding qualified personnel. The labor market is extremely dynamic, and labor shortages remain a major challenge for businesses in almost all sectors of the economy.
An interesting fact is that Bulgaria is the country with the lowest share of people working part-time in the entire European Union. Most employees in the country are employed full-time, which is a specific characteristic of the local market compared to other European countries.
Despite the good indicators, economists are expressing concern regarding upcoming changes to the Labor Code. According to them, the new regulations could have a negative effect on business and further hinder employers who are already struggling with a lack of staff.
In conclusion, the Bulgarian economy is in a period of high employment, but the future of the labor market depends on the balance between new legislative changes and the needs of businesses. Experts continue to monitor the situation closely to understand how these changes will affect workers and companies in the country.