Analysis of Labor and the Workforce in the National Economy of the Republic of Bulgaria
Analysis of Labor and the Workforce in the National Economy of the Republic of Bulgaria

Author(s): Krassimira Zagorova
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Human resources; Working population; Labor force; Coefficient of economic activity
Summary/Abstract: Human resources are carriers of the working force and reflect directly the invested “live” labor in the activity of economic entities. The subject of analysis in the present study are the economic categories «labor» and «workforce», including their meaning, characteristics, and specifics of their functions. Labor is a specific production factor and as such it is inherent in man as an indivisible part of him. Like a specific human activity, labor fulfills two main functions, namely economic and social. Another issue put under discussion is the state of the labor market and the dynamics of the employed workforce in the economy of the Republic of Bulgaria within the period 2018 - March 2023. The analysis focuses on the changes in the growth of employment and the coefficient of economic activity of the population of the Republic of Bulgaria, the structure of the workforce by age groups regarding the national economy, its geographic distribution within the country, etc. At the end, conclusions and recommendations are summarized.

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