OECD report paints grim picture for Greece's labour market

EconomyMacroeconomy Tags: Labour, OECD
Photo by Harry van Versendaal
Photo by Harry van Versendaal

In its 2014 Employment Outlook published today, OECD retains its estimates for Greek unemployment rate unchanged at 27.1 percent in 2014 and 26.7 percent in 2015.

In addition, OECD economic forecasts also remain the same compared to the previous projections released in early May and call for a mild recession of 0.3 percent in 2014 and a 1.9 percent rebound in 2015.

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