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Unemployment
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EconomyMacroeconomy
Hirings outpace job departures by 76,591 in May for fourth positive monthly balance in a row The employment balance displayed net hirings of 76,591 in May 2016, down by 9,555 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data showed on Wednesday.
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EconomyMacroeconomy
Unemployment rate eases to 24.1 pct in March, lowest in four years Greece’s seasonally adjusted (SA) unemployment rate edged down further to 24.1 percent in March from 24.2 percent in February, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
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EconomyMacroeconomy
Unemployment rate slips to 24.2 pct in February Greece’s seasonally adjusted (SA) unemployment rate slipped to 24.2 percent in February from 24.4 percent in January, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
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EconomyMacroeconomy
Net job hirings in private sector reach record high of 90,631 in April The employment balance showed net hirings of 90,631 in April 2016, up by 10,408 compared to the corresponding period last year, according to the Labour Ministry’s information system (Ergani).
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Economy
EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017 In its spring economic forecasts released on Tuesday, the European Commission (EC) lowered its estimates for Greek GDP contraction to 0.3 percent in 2016 from 0.7 percent expected in early February. EC noted that the slower than initially anticipated recession this year is largely due to the more moderate adverse trends in the second half of 2015.
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Economy![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sees contraction of 0.6 pct this year before strong rebound in 2017 The International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday.
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EconomyMacroeconomy
Net private sector hirings of 29,351 in March, highest in last 15 years The employment balance showed net hirings of 29,351 in March 2016, up by 7,038 from last year, the Labour Ministry’s information system (Ergani) data displayed on Monday.
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EconomyMacroeconomy
Unemployment rate resumes upward trend to 24.4 pct in Jan Greece’s seasonally adjusted (SA) unemployment rate edged up to 24.4 percent in January from 24.3 percent in December, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
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EconomyMacroeconomy Unemployment edges up to 24.4 pct in Q4 on seasonal drop in employment After falling in the preceding two quarters, the Greek non-seasonally-adjusted unemployment rate edged up to 24.4 percent in the fourth quarter (Q4) of 2015 from 24 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy
Unemployment rate drops further to 24 pct in Dec, lowest since April 2012 Greece’s seasonally adjusted unemployment rate continued heading south for the third successive month easing to 24 percent in December from a downward revised 24.4 percent in November, Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday.