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IwatchBulgaria.com - News - Employment growth slows down in Q4.
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Employment growth slows down in Q4.
submited on 27.02.2006 in category Macroeconomic developments
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Employment in the non-farm private business reached some 2 million positions in 2005. Its growth was substantial - some 5.5% y-o-y - as the new enterprises were able to accommodate fast idle resources. Thus in a year of no major privatizations, when the employment in the state business declined by just 34 thousand positions, the private sector, excluding argiculture, grew by 105 thousand jobs.

Employment by sectors in 2005 (yearly average; number for 2004 given in brackets):

thousand

private non-farm business 1,996 (1,891)
state non farm business 262 (296)
argiculture 266 (282)
budget spheres 448 (453)

Source: Industry Watch based on data from NSI.
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