- Българският туристически портал
Русская версия Българска версия
Новини от бранша


Bulgaria Lost 56 000 Jobs in Processing Industry - Report

Date: 04.08.2009

Bulgaria has lost about 56 000 in the processing industry as a result of the global financial crisis, according to a report of the Sofia-based think tank Industry Watch.

That is about 60% of the total number of jobs which Bulgaria has lost as a result of the global financial and economic crisis so far. Construction and tourism were the other major sectors in which the country lost a lot of jobs as a result of the crisis.

The Industry Watch report states that the crisis has changed the structure of the Bulgarian export towards a decline of the share of raw materials, and an increase of the export of Bulgarian-made consumer goods.

Almost 100% of the jobs that Bulgaria lost so far because of the crisis were in the private sector, and Industry Watch recommends that the state-owned sector should follow suit with adequate layoffs.

The report points out that a major advantage for the Bulgarian economy in dealing the crisis had to do with the low levels of public debt and low levels of households' debt.

Total views: 6 rating: 1.00
traveller's forum
No opinions

We've tried to make the information on this web site as accurate as possible, but it is provided 'as is' and we accept no responsibility for any loss, injury or inconvenience sustained by anyone resulting from this information. You should verify critical information (like visas, health and safety, customs and transportation) with the relevant authorities before you travel.

Journey Bulgaria | News | Bulgaria Lost 56 000 Jobs in Processing Industry - Report
© 2000-2020 All rights reserved.