• SOCIETY

    BULGARIAN’S POVERTY REDUCTION STRATEGY: WHY EMPLOYMENT MATTERS

    • Philipova, C.
    Science. Business. Society., Vol. 3 (2018), Issue 3, pg(s) 128-133

    Lack of paid employment for a considerable part of the employable population creates serious difficulties for the social security system. An unemployed individual is no longer able to meet the social requirement for labour contribution and the personal depression results in social and political instability. Hence, solving the problem of unemployment is a prerequisite for decreasing poverty and social exclusion. It is in this context that a proposal is made for directing the public policy of the labour market towards active measures concerning employment. The objective is for the state to interact as a partner between the two parties on the labour market ‒ workers and employers. In its role of a mediator the government can, on the one hand, stimulate demand, and on the other – the supply of labour on the part of the economically active population.