MacroPolis

Nearly half of all households still rely on pensions for income, survey shows

Research from the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE) has shown that pensions financially support almost half of all households in Greece.

Unemployment drops to 16.3 pct in December

Greece’s seasonally adjusted (SA) unemployment rate came to 16.3 percent in December from 16.5 percent in November, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.

EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct

The European Commission updated its economic estimates for Greece on Thursday, as part of the regular winter forecast cycle, revising upward its expectations for the growth of 2019 to 2.2 percent from 1.8 percent in the autumn forecasts three months ago.

Employment balance negative by 17,318 in January

The employment balance was negative by 17,318 in January according to data from the Labour Ministry’s Ergani information system.

Unemployment continues decrease in Nov, falling to 16.5 pct

Greece’s seasonally adjusted (SA) unemployment rate came to 16.5 percent in November from 16.6 percent in October, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.

What will it take to reverse the Greek 'brain drain'?

By: Georgia Nakou

One of the more worrying outcomes of Greece’s financial crisis and prolonged recession is the so-called “brain drain”, a wave of emigration by educated young professionals which many fear will severely limit the country’s growth prospects for years to come.

Employment balance negative by 3,666 in December

The employment balance remained negative in December with 3666 more firings than hirings, data from the Labour Ministry’s Ergani information system showed.

Unemployment edges down to 16.6 pct in October

Greece’s seasonally adjusted (SA) unemployment rate came to 16.6 percent in October from 16.8 percent in September, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.

Number of private sector employees rises by 78,391 in 2019

​The Labour Ministry’s Ergani information system released a special report detailing companies and workers with employment governed by private law for 2019.

Unemployment drops to 16.4 pct in Q3

The Greek non-seasonally-adjusted unemployment rate stood at 16.4 percent in the third quarter quarter (Q3) of the year, dropping from a rate of 16.9 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.