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  1. Labour Ministry 2015 data shows increase in employment, marginal drop in average wage

    Economy

    operating in the retail trade, 13.3 percent in catering and food service and 10.6 percent... in the retail trade, 10.4 in catering and food services and 10.1 percent in wholesale trade. The total number

    4%

  2. Higher number of firms and employees, increased average wage in private sector in 2016
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    trade, 13.1 percent in catering and food services and 10.4 percent in wholesale trade. The respective breakdown for employees showed 13.5 percent were employed in the retail trade, 10.8 in catering

    4%

  3. Number of new companies registering in 2016 half of those in 2008
    Photo by Natasha Pantazopoulou/Fosphotos

    Economy

    -productive and inward-looking sectors such as restaurants, bars, catering, food retail and retail... in 2016 include: restaurants, bars, catering and food retail with 5,613 new companies registered

    4%

  4. Number of private sector employees rises in 2017 but wages fall
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    showed that 17.8 percent of companies were operating in retail trade, 12.9 percent in catering and food... that 13.3 percent were employed in retail trade, 10.8 in catering and food services and 10.2 percent

    4%

  5. Net job hirings balance negative by 16,542 in January
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    were catering services (-9,467), wholesale (-4,558) and administrative office activities and secretarial support (-3,263). In particular, the negative balance in the catering sector reflects the high

    4%

  6. Hirings balance hits new record high of 108,725 in May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (48,413), followed by catering services (29,340) and wholesale (8,540). The increases in accommodation and catering in particular reflect the high seasonality of these industries as the tourism season

    4%

  7. Employment balance records 33,620 more hirings than departures in June
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    (29,816), followed by catering services (29,319) and wholesale (7,118). The increases in accommodation and catering in particular reflect the high seasonality of these industries as the tourism season gets

    4%

  8. Employment balance year-to-date posts record despite more departures in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    positive balances were noted in catering services (13,451), followed by accommodation (7,419) and the food industry (5,223). The increases in accommodation and catering reflect the high seasonality

    4%

  9. Hirings balance in August turns negative by 7,748
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    negative balance were catering services (-6,547), the food industry (-3,822) and accommodation (-3,560). The increase in education and reduction in catering services reflect the high seasonality

    4%

  10. Hirings balance positive by 6,556 in September but momentum slows down year-on-year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and entertainment activities (+2,618). In contrast, the sectors with the highest negative balance were catering... in education and reduction in catering services reflect the high seasonality of these two industries

    4%