Income distribution

Over 141,000 jobs created during 2018

The slowdown in the rate of job creation in the last few months of 2018 averted the achievement of an all-time high in new jobs, according to the official data of the Labor Ministry's Ergani hirings database.

In 2018 as a whole, 141,003 new jobs were created, according to the database, down from 143,545 jobs created in 2017, meaning that 2,542 fewer jobs were created last year.

Minimum pay used as tool for political goals

The government is resorting to all kinds of ways to raise its social profile ahead of the general election, using the increase in the minimum wage as its main instrument. This is because the upcoming interventions in salaries and handouts are expected to affect millions of citizens, and even middle-class households.

Bulgarian Government Will Discuss a New Minimum Wage For the Country Today

At a regular meeting, the government will discuss a new minimum wage for the country, reported bTV. 

The planned increase is going to be from 510 BGN to 560 BGN from 1 January. Social Minister Biser Petkov explained that he expects to keep the trend of growth in the average salary.

Starting July 1, 2019, the minimum pension will grow by 5.7% to 219 BGN.

Process begins this month for new minimum wage

The public consultation process concerning the new level of the minimum wage is expected to begin within this month and be completed by end-December, while the requisite ministerial decision for that purpose will be issued in the latter half of January 2019.

This is according to the new timetable included in a law amendment submitted by Labor Minister Effie Achtsioglou on Wednesday.