Abstract

The survey aims to identify the factors influencing the different levels of unemployment in Bulgaria through the use of statistical methods and official statistical information regarding the labor market for the period 2015-2019. To achieve the research goals, a regression model was developed, disclosing the relationship between a dependent variable (total unemployment rate) and a system of independent variables reflecting the influence of factors for the analyzed period. The nature of the dependencies is established, statistically significant factors are selected and ranked, the degree of influence for each of them is determined, the adequacy of the model is checked and the results obtained are fully analyzed. Based on the findings achieved, conclusions are formulated and measures are proposed aimed at a general reduction of the unemployment rate in the country, as well as to increase the opportunities for employment of various categories of unemployed persons with disabilities.

Highlights

  • The social and demographic aspects of the unemployment constitute a topical issue, which continues to be serious regardless of its economic context and should be constantly studied and analyzed.The unemployment is a phenomenon, leading to public and individual damages

  • The implementation of research projects relating to the unemployment and creation of management plans for dealing with work problems requires application of a differentiated approach to different categories of unemployed persons on the labor market according to different factors

  • The registered persons with disabilities are a disadvantaged group on the labor market, and when the subsequent increase in the pre-retirement age is added to this factor, the chances for employment potential of these persons significantly decrease

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Summary

Introduction

The social and demographic aspects of the unemployment constitute a topical issue, which continues to be serious regardless of its economic context and should be constantly studied and analyzed.The unemployment is a phenomenon, leading to public and individual damages. The high unemployment rates represent a factor that augur further economic instability on a national level, and at an individual level it leads to loss of motivation and getting into a state of discouragement for those who have lost their jobs due to circumstances beyond their control. The application of measures for curbing the unemployment and promoting employment is very important because it is these two components of the labor market that are closely related to the opportunities for “socially fair distribution of labor in society and preservation of social peace in it” (Petrov, 2014) especially in the conditions of unfavorable economic situation. The implementation of research projects relating to the unemployment and creation of management plans for dealing with work problems requires application of a differentiated approach to different categories of unemployed persons on the labor market according to different factors.

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