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Unemployment
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EconomyMacroeconomy
Net job hirings reach 40,599 in six-month The employment balance stayed positive in June 2017 with net hirings climbing by around 40,599 from 33,608 a year ago, data from the Labour Ministry’s Ergani information system revealed on Friday.
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EconomyMacroeconomy
Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012 Greece’s seasonally adjusted (SA) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
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Society
Greeks graduating after 2011 encountered limited opportunities, low pay Study finds that 36 percent of those who graduated since 2011 are currently unemployed, while around 57 percent earn salaries between 400 and 800 euros.
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Society
Material deprivation rises, while poverty risk drops slightly Severe material deprivation continues to rise in Greece across populations classified as poor and non-poor while the risk of poverty fell very slightly in 2016, (ELSTAT) data revealed on Friday.
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Society
Greek university system out of sync with economic reality, study finds A major study has found that Greece’s higher education system is still not focusing on degrees based on future prospects of employment despite almost a decade of economic crisis.
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EconomyMacroeconomy
Unemployment rate edges down to 23.3 pct in Q1 The non-seasonally-adjusted unemployment rate fell to 23.3 percent in Q1 of 2017 from 23.6 percent in the previous quarter, ELSTAT figures showed on Thursday.
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Society
Greeks express most negative sentiments about economy in global poll Greeks are the most pessimistic about their economy according to a survey by the Pew Research Centre which questioned 34,788 respondents globally.
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EconomyMacroeconomy
Unemployment rate falls to new five-year low of 22.5 pct in March Greece’s seasonally adjusted unemployment declined to 22.5 percent in March from a downwardly revised rate of 22.9 percent in February, ELSTAT's labour force survey revealed on Thursday.
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EconomyMacroeconomy
Net job hirings reach new high of 89,534 in May, 5-month figure a record The employment balance stayed positive in May 2017 with net hirings climbing by around 13,000 to 89,534 from 76,591 a year ago, data from the Labour Ministry’s Ergani information system revealed on Wednesday.
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EconomyMacroeconomy
OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief In its latest Economic Outlook report the OECD notes that the Greek economy is starting to recover and its fiscal target has been surpassed, but that the structural reform process has been uneven.