Analyses of Labor Market Development in Bulgaria

The transformations in the labor market, social security, social assistance and human resources development as well as the relations between different public systems are issues of special consideration in recent years because of the dynamic changes in economic and social environment in conditions of allembracing globalization processes influencing as never before European countries and regions. The characteristics of labor market development in different countries provide valuable implications about future development and policy building. Through the peculiar example of the Republic of Bulgaria the study presented in the paper outlines the importance of the active policies for building a functioning labor market. The factors of unemployment and economic growth in the country are further examined leading to conclusions about the need of flexibility and adequate and timely policies of labor market and economic development