14.07.2021

DOUBLE-DIGIT GROWTH IN JOB ADVERTISEMENTS - IS THE ECONOMY REVIVING?

There is a double-digit growth in job advertisements in all sectors, according to a study by a company engaged in career development, and in some sectors it is even three-digit. The most noticeable is the enthusiasm in the IT sector, where the number of job offers has increased by 110% compared to June 2020, the data show. Job ads in June exceeded 50,000, an increase of 67% on an annual basis. Compared to the previous month of May, however, there is a slight decline of 4%, according to the monthly analysis of the labor market of the HR company. What does this mean for our economy and is this trend positive? Since the beginning of the pandemic, the IT sector has been among the most stable, with a decline in demand for new staff only in the months of the second lockdown (November and December 2020), when all other industries were negatively affected. Second and third in growth are the sectors "Logistics and Transport" and "Production", in which for one year the ads have almost doubled - by 96% and 91%. Followed by the sectors "Accounting, audit, finance" (90%), "Hotels and restaurants" (83%), "Trade and sales" (78%), "Marketing and advertising", "Administrative activities", "Art", " Construction "and" Health and Pharmacy ".

"The thing we started doing at the beginning of the pandemic last year is to follow a little more closely the dynamics of job postings on online sites in Bulgaria. Every month we provide data on what is happening and in fact what we noticed last June. is that the level of ads has risen by nearly 70%." says an operations manager at the company that conducted the study.

Compared to the previous month of May, there is a slight decrease of 4%, according to the monthly analysis of the labor market of the HR company.

What were the benefits of the remote work introduced during the pandemic and do modern technologies help young people find work outside their home places today, working remotely?

"When we talk about young people who still want to start their professional development, in any case it is good for them to physically work in the company itself among the colleagues they will work with, because there they acquire skills and habits in general, which can be very difficult. acquired in telecommuting, be it work discipline, communication with colleagues, getting to know the team they will work with.This is one of the most important things for any person who will work in a larger team. it is more or less desirable for a person to move to the office for a while so that he can get used to his new job. From then on, however, things are much easier because a number of companies provide the opportunity to work remotely. " - added by the company that conducted the study.

What is the real situation in Northwestern Bulgaria with the supply and demand of vacancies?

Consultancy Center - Berkovitsa presents the expert opinion of Ms. Svetla Uzunova, Director of the Regional Employment Service in Montana.

"At the end of May, the number of jobs advertised remained the same as in the previous year, and in fact the largest share were in the real economy. Most of them were in the manufacturing industry - 24%, followed by government - 23.5%, agriculture, forestry and fisheries - 16%, trade and repair of motor vehicles and motorcycles - 11%, hotels and restaurants - 8.6% and construction approximately 5%. maintenance workers, cooks, waiters and bartenders, salesmen, machine operators, drivers, valet and general workers, as well as healthcare professionals." - clarifies Svetla Uzunova, director of the Regional Employment Service in Montana.