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Private sector employees increase in 2018 along with average wage rise of 4.6 pct
EconomyMacroeconomyThe Labour Ministry’s Ergani information system released a special report detailing companies and workers with employment governed by private law for 2018.
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Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
EconomyMacroeconomyThe employment balance remained negative in November for a second consecutive month with 33,249 more departures than hirings, according to data form the Labour Ministry’s Ergani information system.
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Unemployment rate declines to 18.3 pct in Q3
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 18.3 percent in the third quarter (Q3) of the year, dropping from the rate of 19 percent seen in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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Q3 wages index up by 2.8 pct QoQ and by 4.6 pct YoY
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rose by 4.6 percent year-on-year (YoY) in the third quarter (Q3) of the year, gaining on a rise of 2.6 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday.
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Hirings balance negative by 120,087 in October on seasonal movements
EconomyMacroeconomyThe employment balance turned sharply negative in October with 120,087 more departures than hirings, according to data form the Labour Ministry’s Ergani information system.
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Unemployment at 18.9 pct in August, unemployed remain under 1 mln
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell just below 19 percent to 18.9 percent in August, from an upward revised figure of 19.1 percent in July, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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Part-time work and low earnings overlie crisis-pounded labour market
SocietyThe General Confederation of Greek Labor (GSEE) has revealed that 72.8 percent of Greek workers make under 1,000 euros per month net.
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Pensions spending stable but early retirees burden system
EconomyMacroeconomyThe Labour Ministry's Computer Centre for Social Security Services (IDIKA) recently published a report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments on a monthly basis.
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Hirings balance positive by 6,556 in September but momentum slows down year-on-year
EconomyMacroeconomyThe employment balance returned to positive territory in September with 6,556 more hirings than departures, data from the Labour Ministry’s Ergani information system revealed.
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Unemployment at 19 pct in July as inactive population increases
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 19 percent from 19.1 percent in June, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.