Article Tools

Bulgaria: Shrinking Workforce Leading to Lower Growth

Published: October 4, 2013; 12:24 · (Vindobona)

Bulgaria is facing a number of challenges resulting from shifting demographics.

Bulgaria: Shrinking Workforce Leading to Lower Growth / Picture: © Flickr

Bulgaria is facing a number of challenges resulting from shifting demographics in the country. The country is projected to face the steepest decline in the working age population worldwide - with 1 out of every 3 Bulgarians over the age of 65 by 2050 and only 1 out of every 2 of working age.

As more and more workers exit the workforce and fewer Bulgarians replace them, the need…

This article includes a total of 584 words.

or Log In

Fast News Search