Unemployment in Bulgaria, 1991-1993
AbstractThe first half of 1990 marked the appearance of open unemployment in the Bulgarian economy as a result of the inability of the government budget to finance the artificially sustained level of over-employment. The output decline and the shrinking labour market are the kea factors for the high level of unemployment. Industry and argiculture are most affected since the largest share of the labour force was concentrated there. The larger part of the unemployment cohort was formed in 1991-1992. 1993 witnessed lower grouth rates. A kea source of unemployment are public sector lay-off for economic reasons. Their dynamics in the industrial sector is negatively correlated to the average wage dynamics. The average duration of unemployment is relatively long, but still below the highest world levels. Clearly all anti-employment efforts that are not linked to output recovery are irrelevant.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Agency for Economic Analysis and Forecasting in its series Working paper series with number 21994en.
Length: 34 pages
Date of creation: Jun 1994
Date of revision:
Find related papers by JEL classification:
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
- J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kiril Vassilev).
If references are entirely missing, you can add them using this form.