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State Employment Limits Labor Supply of the Medium Skill-Set.
Over 37% of the registered employment is at positions, which might be termed “medium skillset”. The overall number of “basic” and “medium skillset” positions at least 56% of total registered employment.Thus, investments in new capacities will be dependent primarily on the access to labor for basic jobs (unqualified) and for medi...
Industry Watch released its regular report on cost of labor (Biggest Cities Review, Fall 2006).
From the demand standpoint, state administration would “steal” not that many specialists but rather a lot of people suitable to medium skill-set positions – i.e. personnel that is not required to possess any specialized knowledge, but rather basic skills like good communication, certain knowledge of English, quick adaptability, ...
Effects of Trakia Highway Completion.
view more in Bulgarian....
Industry Watch released its 2007 forecast report (available for subscribers for download)
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Update of the Industry Watch Cost-of-Living Index
Comparoson of cost of livig in biggest cities(Index, Sofia = 100)Sofia 100.0 Varna 95.4 Burgas 94.2 Stara Zagora 88.5 Haskovo ...
Our latest report on cost of labor sees Plovdiv labor 25% cheaper than Sofia.
A new feature of the regular report on cost of labor “Biggest Cities Review” – a joint research with the survey agency “Vitosha Research” – is the regional comparison between the wages of the medium skill-set workers. Medium-skill set refers to the job positions which require certain skills and abilities (but no specialized know...
Economic Growth Stays at 5.5% in the Year to June.
In Q2 2006 economic growth was 6.6% in real terms (on the basis of Q2 2005). The registered nominal growth (measured in euro) is significantly higher than previous periods due to the quick inflation of the euro - the reserve currency of Bulgarian lev....
Pension industry grows by 34% in the year to June.
Pension industry is currently among the most dynamic sectors in the economy despite heavy regulation and slow reform of the pay-as-you go system. By mid-2006 private funds manage some 640 mln euro, or 34% more than a year before.Employers reacted positively to the pension-tax cuts in 2006. Registered employment grows at a steady...