In which sectors are workers looking for

09.10.2020

IN WHICH SECTORS ARE WORKERS LOOKING FOR

In the next two years, employment is expected to grow, after which we expect two years of decline, according to a forecast by the Ministry of Labor and Social Policy

In the medium term, employment growth is expected mainly in activities related to education - growth of 204,000 jobs (9.6 percent), manufacturing - up to 635,000 jobs, human health - 180,000 jobs, construction - 247,000 and real estate operations - 18.8 thousand workers. This was announced by the Minister of Social Affairs, Mrs. Denitsa Sacheva.

In the next two years, employment growth is expected by economic activities, after which we expect a two-year decline, the minister said.

According to her, the main contribution to the reduction will have services such as those in the sector of trade, repair of cars and motorcycles, where a decline of 8.2 percent is expected - to 475,000 employees by 2024, followed by the hotel and restaurant sectors, where the number of employees is expected to decrease by 6.4 percent or nominally 154,000 jobs, in the mining industry employment is expected to decrease by 17.9 percent to 23,000 jobs in the production and distribution of electricity and heat and gaseous fuels - a decline to 36,000 jobs (6.7 percent).

The forecast for the demand for labor by educational degrees for the period 2020-2024 shows that the lowest skilled workers are expected to have relatively weak dynamics in the need for such human resources by employers, the minister said.

The projected declines in labor demand in certain sectors can be offset by growth in others, Sacheva added, noting that an increase in the number of low-skilled positions is mainly expected in the manufacturing, construction, human health and healthcare sectors. Real Estate.

At the same time, the decline in demand for such people will be characterized by sectors such as trade, mining, hotels and restaurants, water supply, sewerage, administrative activities and others.

The needs of people with secondary education are expected to shrink in the medium term and this is mainly due to the sectors of trade, hotels and restaurants, mining, administrative activities, production and distribution of electricity, heat and gaseous fuels. The minister said these declines could not be offset by expected growth in other sectors.

For the group with higher education, growth in labor demand is expected in the medium term, mainly in education, public administration, humanitarian healthcare, manufacturing, culture, the minister said, adding that this increase is accompanied by the expected lower number of positions for people with higher education.