Over 340,000 jobs have been preserved by the "60 to 40" measure

20.08.2022

OVER 340,000 JOBS HAVE BEEN PRESERVED BY THE "60 TO 40" MEASURE

Over 340,000 jobs were saved under the measure, which became known as "60 to 40". It was designed to limit the impact of Covid-19 restrictions on the labor market and ended on June 30.

The data of NSSI indicate that 13,677 employers received support under the 60/40 measure for at least one month.

Nearly 68 percent of the funds are concentrated in a total of 5 areas: Sofia-city, Stara Zagora, Plovdiv, Varna and Burgas.

With the largest relative share of 35.5 percent of reserved jobs are the enterprises with over 250 employees, and with the lowest relative share of 7 and a half percent are reserved positions in companies with up to 9 employees.

Most of the compensation paid to employers to keep their employees employed is aimed at those most affected by the pandemic: manufacturing, hospitality and catering, and trade and repair of cars and motorcycles.