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Labour Ministry 2015 data shows increase in employment, marginal drop in average wage
EconomyThe Labour Ministry published on Tuesday the annual report of its information system (Ergani) providing detailed figures on mostly private sector companies and their workers.
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High unemployment, falling wages damaged sustainability of largest Greek pension fund
EconomyMacroeconomyEmployees insured with IKA, the largest main social security fund in Greece, lost more than 10 billion euros in annual wages over the last 5 years, according to the Federation of IKA employees (POSE-IKA).
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Greek labour market recorded in 2015 second highest net hirings since 2001
EconomyMacroeconomyNet hirings stood at 7,826 in December, which is the second positive reading for this month since 2001, the Labour Ministry’s information system (Ergani) showed on Tuesday.
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Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
EconomyMacroeconomyGreece’s seasonally adjusted unemployment rate continued its slight downward trend easing to 24.5 percent in October from 24.6 percent in September, the Hellenic Statistics Authority (ELSTAT) latest figure displayed on Thursday.
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Unemployment among Greek doctors hits record levels
SocietyUnemployment among Greek doctors has reached record levels, with 27.5 percent of members of the Athens Medical Association (ISA) unemployed or underemployed, a conference has heard.
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Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate slipped for the second straight quarter to 24 percent in the third quarter (Q3) of 2015 from 24.6 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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Unemployment nudges down to 24.6 pct in Sept
EconomyMacroeconomyGreece’s jobs market remained on the slow path to recovery in September, when the unemployment rate reached 24.6 percent from an upward revised 24.7 percent in August.
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Unemployment down for second straight month in August, falls to 24.6 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell for the second straight month to 24.6 percent in August from a downward revised 24.9 percent in July, the Hellenic Statistical Agency (ELSTAT) labour force survey showed on Thursday.
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Unemployment unchanged at 25 pct in July
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained stable at 25 percent in July, following a downward revision of the figure for June, the Hellenic Statistical Agency (ELSTAT) labour force survey displayed on Thursday.
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Lenders also require health and labour market reforms from gov't in next months
EconomyProgrammeWhile the attention regarding the key deliverables outlined in the third memorandum of understanding (MoU) has fallen on the areas of fiscal policy, pension reform, energy market and privatisation, there are a series of measures that have to be implemented that relate to health care and the labour market.