MacroPolis

Hirings balance hits record high of 100,246 in April

The employment balance showed a strong improvement in April as hirings outpaced departures by 100,246, data from the Labour Ministry’s Ergani information system revealed.

Is the cost of Greece's public sector soaring again?

By: Georgia Nakou

As Greece approaches the end of its bailout programme, claims are emerging that the SYRIZA-ANEL government has been on a public sector hiring spree at the expense of already over-burdened taxpayers, while seeking to entrench itself in the state through political appointments.

Are hirings in the public sector out of control?

By: Georgia Nakou

In recent weeks the Greek government has come under sustained criticism from the main opposition party, New Democracy, for its management of the public sector.

Unemployment rate at 20.6 pct in Jan, inactive population rises

Greece’s seasonally adjusted (SA) unemployment rate came to 20.6 percent in January, edging slightly down from December’s figure of 20.8 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.

Greek hourly labour costs less than half of eurozone average

New figures from Eurostat have shown vast discrepancies between hourly labour costs across the European Union’s member states and the eurozone in general.

Job hirings outpace departures by 55,494 in March

The employment balance strengthened in March as hirings outpaced departures by 55,494, data from the Labour Ministry’s Ergani information system revealed.

Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4

The Greek non-seasonally-adjusted unemployment rate rose to 21.2 percent in the fourth quarter (Q4) of 2017, rising against the figure for Q3 of 20.2 percent, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.

Wages index improves by 0.2 pct in Q4, up by 2 pct YoY

The seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday.

Athens identifies drivers for growth as it draws up strategy for next years

One of the integral parts of the final review of Greece’s third programme is a growth plan that the authorities will have to agree with eurozone partners and will act as the country’s own policy compass outside the regular supervision by official creditors.

Net job hirings balance turns positive by 16,628 in February

The employment balance returned to positive ground in February as hirings outpaced departures by 16,628, data from the Labour Ministry’s Ergani information system revealed.