Record low net job balance in Aug but 8-month figure highest since 2001

Economy Tags: Labour, Unemployment

The employment balance remained negative in August, when net departures rose to 16,128 in August 2016 from just 441 last year, the Labour Ministry’s information system (Ergani) data displayed on Tuesday.

Hirings reached 1.41 million in the 8-month period, while departures stood at 1.18 million, of which more than 53 percent related to layoffs.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€500.00