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 20% unemployment rate expected in 2010

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PostSubject: 20% unemployment rate expected in 2010   Mon Jan 18, 2010 12:10 pm

[size=75:3it17gkl]STROITELSTVO.info 18 January 2010

20% unemployment rate expected in 2010

In percentages, this means that the actual average unemployment in the country will be 19-20 per cent. In some regions such as northeastern and northwestern Bulgaria unemployment could reach 60 percent.

According to Danev, these rates are creating a serious potential danger to exit the country from economic crisis.
He added that the labor market typically recover between one and three years after the release of one part of the crisis and until there is stabilization of the contracts of companies, new appointments will be.
According to estimates of the Chamber, the country will reach the bottom of the economic crisis during the second quarter of this year, but it is not clear whether it will be ottlasne thereof.
Next two years, Bulgaria will be able to reach the level of GDP in the period before the crisis, considered by the House.

To solve the problem of unemployment, the Chamber offered by intensifying the work on national infrastructure and other facilities where the unemployed can be engaged.
They may be employed in the gasification of the country in remediation of residential and public buildings in the completion of dams and sewage plants in the construction of the bridge at Oryahovo - Beckett, who has subscribed to the interest of foreign investors, without participation in the project by the state, and also for the bridge in Silistra - Calarasi, for tunnels at Shipka, Petrohan, Troyan - Karnare, relations between the Struma motorway and Thrace "
and"
Trakia and Hemus, gas pipeline between Turkey and Bulgaria.

From the Chamber pointed out that this year the most sensitive will be the number of exemptions from military-industrial complex of the country, whose restructuring requires a political decision, not only economic.

Earlier today the leadership of the Chamber met with Minister of Economy, Energy and Tourism Traicho Traykov, who was informed of the proposals of the BIA and the interest of large foreign investors in major projects in the country.
This refers to funds from a few hundred million to billions Danev said. He noted that among the sectors to which potential foreign investors showing interest is energy, not renewable.

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