Abstract

The problems of the modern labor market are subject to increasing interest in the field of research, policy discussions and management practice. They become especially topical in the years of transition and the membership of Bulgaria in the European Union, as well as the emerging new challenges facing Bulgaria in the new demographic, economic and social conditions.

Highlights

  • The significant differences in the competitiveness of the employees may lead to a delay in the selection or to the lack of perspectives in the demand as a whole

  • Under a policy aimed at improving the organization and functioning of the labor market, in order to reduce the period of job search and occupy job vacancies mainly through preferable impact on the internal factors, we will mean a policy on the labor market

  • The reading of the signals sent by the labor market and the timely and adequate response to these signals is a responsibility of the external environment

Read more

Summary

INTRODUCTION

The significant differences in the competitiveness of the employees may lead to a delay in the selection or to the lack of perspectives in the demand as a whole. Considering the above, we have used only the theoretical basis that is a result of the collective experience of many countries, applicable in many respects or at least useful to us It is obvious, that the economic situation has the decisive external influence on the labor market, employment and unemployment: the more job positions are generated and the more they meet the labor force supply, the better perspectives for employment are to be found, the better the labor markets functions. Unlike Bulgaria, where a simultaneous decrease in the GDP, the employment and the labor productivity are noticed, the latter is under less pressure under the conditions of a "normal" market economy or, as opposed to reducing the growth rate of the GDP, increases These differences undoubtedly reveal the specifics of the crisis under the conditions of transition. In order to clarify the specific reaction of the transition economy against the macroeconomic changes, it is useful to examine what the behavior of these two indicators would be, if the Bulgarian economy was a "normal" market economy

Employment rate
CONCLUSION
Findings
REFERENCE LIST
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.