Abstract
The adequacy and timeliness of an implemented policy are crucial for the effective support of changes in the parameters of the labour market and economic development. Considering the time delay of the effects and changes. its duration should not be overlooked in order to develop preventive measures for a timely response. Shortening the period in which the effects of the contemporary crisis are transferred on the labour market, respectively labour demand, reflects not only the degree of elasticity of labour demand to primary markets, but also the flexibility of the implemented policies. This fact has focused attention on the flexibility of labour markets and opportunities through its increase to strengthen the mobility and adaptability of the workforce to the dynamically evolving labour demand.
Highlights
After World War II, the existing conditions for full employment enabled almost all countries to focus their efforts on the issue of labour efficiency, the behaviour of the participants in the labour process, and the attitude towards labour
The growing discrepancy between labour supply and demand brought to the focus of attention the concept of labour market, in which the main emphasis was on the relationship between employers and workers
As well as the other socialist countries, being subject to the idea of „full employment“ for more than half a century suffered the heavy consequences of the transition period and the restructuring of the economy http://ijasos.ocerintjournals.org 677
Summary
After World War II, the existing conditions for full employment enabled almost all countries to focus their efforts on the issue of labour efficiency, the behaviour of the participants in the labour process, and the attitude towards labour. The state and its specialized bodies should be referred to as subjects of the employment policy in Bulgaria, namely: the Employment Agency under the Ministry of Labour and Social Policy, the National Council for Tripartite Cooperation, representing workers‟ organizations and employers‟ organizations, and the Agency for Social Assistance under the Ministry of Labour and Social Policy; at a regional level – the regional governors, municipalities, the regional employment services and labour offices. These entities are engaged in the institutionalized relations „regarding labour‟ and the relations between employers and workers. To the institutionalized entities we can refer the established and legalized private agencies and labour offices, some nongovernmental organizations which along with other social functions conduct intermediary activities such as finding employment for people at risk and participate in the implementation of projects for training, qualifying and retraining individuals suffering hardships (Georgiev, 2016; Georgiev, 2017-a)
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