30% is the difference between supply and expected salaries

Estimates of labor market developments over the next six months of the year are more pessimistic, analysts commented to the class. Currently, labor market because there is no real difference between the proposed and expected salary, which topped 30 percent, said Svetlozar Petrov, manager of one of the largest job portals Jobtiger. Many employers offer lower wages, but the candidates are forced to make compromise. In case the applicants expect 1000 euro, but actually most often proposed for 600 euro. In the financial sector offers employers gravitate around 600 euro salary, although candidates hope of 900 BGN. Many employers take advantage of the crisis and hire skilled workers for lower pay.

The Bulgarian economy has already felt the effects of the crisis – because of shrinking markets reduced production, which lowers revenue. As a result, companies reduce costs, the first thing is to assign workers to work half a day. Follow the paid and unpaid leave and the last measure is the release of staff.

In the coming two months will be calm on the labor market, says Vasil Velev on Monday – a company that is a partner of the consulting company Hewitt Assotiates. Despite the increase in the price of metals will be a recovery in mining and heavy industry. Demand for people in the service sector will also be less, units are investment funds that will use the crisis to possess new markets. In the banking sector will increase in deposits to offset almost suspended lending. Stable is the demand for labor in telecom. In the selection exercise has in the tourism sector is well developed in barzooborotni goods mostly are sales of food and drinks. Stores like Merkantor Karfur and even expand its chain. Most active in recruitment, are pharmaceutical companies.

No tendency to recovery, explained Vasil Velev, President of the Association of Industrial Capital in Bulgaria. Despite the billions that pour into the world economy, jerk forward is questionable. To see the effects in the real economy are needed between 10 and 18 months and then still need at least 12 months to stabilize the labor market, said Plamen Dimitrov, deputy chairman of CITUB. No signs of improvement and does not provide the internal market. Currently, official data on unemployment is just over 7 percent, but real people without work, which come with self-and small businesses are 10 – 11 percent, he added.

Unemployment in March 2010 will really almost double the official data, forecasts Dimitrov. If currently unemployed 120, 000, even 160 000 people expected to go public. At the end of the year will be up and funds the state gives to businesses to keep people three months to half salary. Will end and the funds allocated under the program of Development of Human Resources. You will recall that the workers receive 132 euro for five months and another 1500 euro for training, if left in the company. Depletion of resources will coincide with the peak of the crisis at the end of the year when it expects a larger collapse of unemployment. The increase in corporate debt will cause many bankruptcies of companies, which would disproportionately burden the situation and warned Yordanka Velinov, an expert in the BIA.

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Finance

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