Bulgaria's Labor Market Struggles Amid Record Demand and Limited Workforce

Uniunea Europeana

Labor supply in Bulgaria remains exceptionally constrained amid record-high demand , making it increasingly challenging to tap into the limited available workforce, according to recent Eurostat data analyzed by the Institute for Market Economy. The report offers insight into the labor market slack across EU countries in 2023, extending its scope to include people aged 15-74, rather than just the 15-64 range, reflecting the growing importance of older individuals in the workforce amid a

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