Bulgaria Wages Low Skilled  Forecast


Wages Low Skilled in Bulgaria is expected to be 606.03 BGN/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages Low Skilled in Bulgaria to stand at 606.03 in 12 months time. In the long-term, the Bulgaria Wages Low Skilled is projected to trend around 606.03 BGN/Month in 2020, according to our econometric models.


Bulgaria Wages Low Skilled
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Bulgaria Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 6.73 7.4 8.4 8 7.9 7.5
Employed Persons 3172 3192 3130 3150 3261 3284
Unemployed Persons 221 219 223 225 225 225
Long Term Unemployment Rate 3.7 3.14 2.92 2.76 2.56 1.4
Youth Unemployment Rate 13.7 13.53 13 13.08 12.86 12.29
Labour Costs 136 116 119 136 134 124
Job Vacancies 18466 18953 19241 21022 20128 19888
Wages 1027 1030 1031 1032 1032 1032
Minimum Wages 235 236 230 244 251 230
Population 7.1 7.1 7.1 7.06 7.06 6.97
Retirement Age Women 61 60.44 60.44 60.05 59.92 59.59
Retirement Age Men 64 63.67 63.67 63.54 63.5 63.62
Productivity 111 125 132 103 111 130
Part Time Employment 64.4 57.08 59.8 62.28 60.4 60.23
Labor Force Participation Rate 55.8 55.33 54.02 54.58 56.24 54.83
Living Wage Family 1002 1019 1019 1019 1019 1019
Living Wage Individual 767 791 787 789 788 788
Wages High Skilled 1140 1112 1111 1111 1111 1110
Wages In Manufacturing 926 949 969 989 1008 1195
Wages Low Skilled 631 606 606 606 606 606
Full Time Employment 2903 2977 2931 2944 3000 2992
Employment Change 0.1 0.45 0.1 0.14 0.27 0.18
Employment Rate 52.2 52.55 51.59 52.12 53.92 54.52