Low Wages Drive Labor Shortages in Bulgaria and Europe

Labor shortages have become a key issue discussed at the recent EU Council of Employment and Social Policy Ministers (EPSCO) meeting. While employers often point to a lack of skills as the primary reason for the shortage, a study by the European Trade Union Institute (ETUI) highlights a different perspective, revealing that low wages play a significant role.

According to the study, industries across the EU struggling with the most significant labor shortages typically offer lower wages....