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ERIC Number: ED438454
Record Type: Non-Journal
Publication Date: 1999-Aug-18
Pages: 101
Abstractor: N/A
Reference Count: N/A
Background Study on Employment and Labour Market in Bulgaria.
Beleva, Iskra; Tzanov, Vasil; Noncheva, Teodora; Zareva, Iren
A factual and descriptive analysis of the employment situation in Bulgaria showed that the transition to a market economy has led to a substantial reduction of employment. The economic restructuring begun in 1990 has proved very difficult, and the privatization of the large industrial enterprises faces problems mainly due to insufficient interest on the part of foreign investors. From 1990-98, employment has decreased by one and one-half million people. The high labor supply is maintained by the restrictive incomes policy and enormous impoverishment of the population during the transition years due to high inflation and the economic recession in 1996. The unemployment rate is high: in 1993, it reached 21 percent; by 1998, it had decreased to 15.9 percent. Since 1996, a wide range of labor market policies have been introduced to stimulate employers to create new jobs and hire the unemployed, and to stimulate the unemployed to start their own businesses or to join labor integration programs. The educational system has undergone substantial restructuring; the professional training and retraining has shown a good degree of adaptation. The industrial policy is oriented toward active participation of the state in investment activities to increase employment. (Appendixes include 4 charts and additional information on the employment situation. Contains 20 references.) (YLB)
For full text:
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: European Training Foundation, Turin (Italy).
Identifiers - Location: Bulgaria