LABOUR TRENDS
The total hourly labour cost for the first quarter of 2020 rose by 10.2%
Preliminary data of the National Statistical Institute for the first quarter of 2020 indicate that the total hourly labour cost rose by 10.2% as compared to the first quarter of 2019. The total hourly labour cost grew by 9.0% in industry, by 9.2% in services and by 8.1% in construction.
The breakdown by economic activities showed that the highest annual growths in total labour costs were recorded in “Education” - 25.9%, “Real estate activities” - 23.2% and “Accommodation and food service activities” by 13.5%.
In the structure of the total labour costs, the wages and salaries costs per hour worked grew by 10.2% in comparison with a year earlier, while the other (non-wage) costs rose by 10.3%. Among the economic activities in the first quarter of 2020 compared to the first quarter of 2019 the growth rate of wages and salaries component ranged from 25.6% in “Education” to 3.4% in “Mining and quarrying”.
Total labour cost index (Working day adjusted, 2016 = 100)
Source: National Statistical Institute
NEWS FROM BCCI
BCCI awarded the Ambassador of the Republic of Argentina in Sofia H.E. Alberto A. M. Trueba with an Honorary Diploma
On the occasion of the end of his term of office in Bulgaria
ОщеDiscussion of initiatives for promotion of trade and economic relations between Bulgaria and South Africa
Meeting with H.E. Thabo Thage, Ambassador of the Republic of South Africa
ОщеBCCI provides legal consultations
In the field of company, commercial, administrative and labour law, out-of-court dispute resolution
Още
VIEWS ON BULGARIA
Sofia included in technology cities of the future 2020/21 report by fDi Magazine and TNW
The ranking focused on the most promising prospects for start-ups, tech and innovation investment
Още
BUSINESS OPPORTUNITIES IN BULGARIA
Business Cooperation E-Bulletin
LABOUR TRENDS
The total hourly labour cost for the first quarter of 2020 rose by 10.2%
Compared to the first quarter of 2019
ОщеEmployers and self-employed from the Transport and Tourism sectors can receive EUR 148 a month to keep their employees
Unemployment in Bulgaria is between 16.5% and 4.4%
In May there was a downward trend in unemployment compared to April
ОщеThe average social security income in Bulgaria for April 2020 is BGN 1057
TOURISM AND TOURISM INDUSTRY
Over 80% of tourist trips in 2020 were in the country
In the first quarter of 2020
ОщеBulgaria's Sunny Beach Resort ranked the best value destination
In the annual international list of Holiday Costs Barometer
Още
