The number of Bulgarians who apply for a social insurance in Germany is constantly growing. As recent figures of the Federal Employment Agency show, in 2012 the number of Bulgarian working in Germany stroke a new record at 25 840.
German labour market – very popular
Since 2000, the employment in Germany has been registering annual increases. What is striking is the rapid rate of increase of the Bulgarians in Germany particularly in the years 2010-2012. During this period, the number of Bulgarians who make their living in Germany grew by about 5000 people annually. This can be explained by the poor economic situation in Bulgaria that until about 2008 experienced a genuine economic boom. The quick recovery of the German economy after the crisis and the ensuing demand for working force may have also contributed to the growth of Bulgarian immigration.
The trend is expected to continue in 2013 – 2014
The rising Bulgarian workforce flow to Germany is expected to continue in 2013, although the weaker German labour market could curb the rate of increase. As for 2014, when regardless of the economic development of Europe the transitional restrictions for Bulgarians are due to fall off, the dynamics of the immigration inflow to Germany is certain to gain momentum. Therefore, the number of Bulgarians seeking employment in Germany is expected to reach record–high levels over the coming years.
In 2013 Balkaninvest HR consultancy will continue to support this workflow dynamics so as to adjust it to the needs of German employers and to assist them with professional services.