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Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in May edged down to 19.5 percent from a downward revised rate of 20 percent in April, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
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SocietyThe Foundation for Economic and Industrial Research (IOBE) has released a study examining how the crisis has impacted Greece’s education and labour market.
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Unemployment rate edges up to 20.2 pct in April as number of employed dips
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in April edged up to 20.2 percent from 20.1 percent in March, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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Employment balance records 33,620 more hirings than departures in June
EconomyMacroeconomyThe employment balance remained in positive territory in June with 33,620 more hirings than departures, data from the Labour Ministry’s Ergani information system revealed.
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Income and living conditions survey shows persisting inequality
SocietyThe Hellenic Statistical Authority’s (ELSTAT) 2017 Income and Living Conditions survey has shed light on the economic conditions experienced by Greeks in the reference year 2016, including material deprivation, income inequality and risk of poverty.
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Unemployment rate stable at 21.2 pct in Q1
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate came to 21.2 percent in the first quarter (Q1) of the year, remaining unchanged from Q4, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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Hirings balance hits new record high of 108,725 in May
EconomyMacroeconomyThe employment balance continued its positive momentum in May with hirings outpacing departures by 108,725, data from the Labour Ministry’s Ergani information system revealed.
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Unemployment at 20.1 percent in March
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in March came to 20.1 percent, falling against the downward revised figure of 20.6 percent for February, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomyThe Greek Finance Ministry is due to table to Parliament on Friday the multi-bill that will wrap up its obligations for the conclusion of the final programme review, along with the updated Medium-Term Fiscal Strategy (MTFS) for the period between 2019 and 2022.
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in February was 20.8 percent, edging up slightly from the upward revised figure of 20.7 percent in January, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.