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Part-time work and low earnings overlie crisis-pounded labour market The General Confederation of Greek Labor (GSEE) has revealed that 72.8 percent of Greek workers make under 1,000 euros per month net.
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EconomyMacroeconomy
Pensions spending stable but early retirees burden system The Labour Ministry's Computer Centre for Social Security Services (IDIKA) recently published a report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments on a monthly basis.
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EconomyMacroeconomy
Hirings balance positive by 6,556 in September but momentum slows down year-on-year The employment balance returned to positive territory in September with 6,556 more hirings than departures, data from the Labour Ministry’s Ergani information system revealed.
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EconomyMacroeconomy
Unemployment at 19 pct in July as inactive population increases Greece’s seasonally adjusted (SA) unemployment rate edged down to 19 percent from 19.1 percent in June, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyMacroeconomy Hirings balance in August turns negative by 7,748 The employment balance slipped into negative territory in August with 7,748 more departures than hirings during the month, data from the Labour Ministry’s Ergani information system revealed.
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EconomyMacroeconomy
Unemployment rate falls to 19 pct in Q2 The Greek non-seasonally-adjusted unemployment rate stood at 19 percent in the second quarter (Q2) of the year, dropping from the rate of 21.2 percent registered in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy Q2 wages index falls by 0.4 pct QoQ and rises by 2.6 pct YoY The seasonally adjusted (SA) Wages Index rose by 2.6 percent year-on-year (YoY) in the second quarter (Q2) of the year, after a rise of 4.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday.
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EconomyMacroeconomy
Unemployment at 19.1 pct in June, under 20 pct for second month Greece’s seasonally adjusted (SA) unemployment rate fell to 19.1 percent in June from a downward revised rate of 19.3 percent in May, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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PoliticsGreek Politics
Coalition tweaks labour market, lines up more post-MoU changes Prime Minister Alexis Tsipras is putting the finishing touches to the package of policy pledges he is due to make at the Thessaloniki Expo (DETH) on Saturday, but his government has already taken the first, partly symbolic, step in restoring workers’ rights.
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PoliticsGreek Politics
Tax cuts set to lead package of post-MoU pledges by Tsipras Alexis Tsipras is preparing to play one of his final political cards ahead of the next elections by presenting a package of tax cuts and spending increases at the Thessaloniki Expo (DETH) this Saturday.