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Labour
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EconomyMacroeconomy
High unemployment, falling wages damaged sustainability of largest Greek pension fund Employees 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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EconomyMacroeconomy
Greek labour market recorded in 2015 second highest net hirings since 2001 Net 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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EconomyMacroeconomy
Unemployment edges down to 24.5 pct in Oct, lowest since May 2012 Greece’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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Society
Unemployment among Greek doctors hits record levels Unemployment 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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EconomyMacroeconomy Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment The 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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EconomyMacroeconomy
Unemployment nudges down to 24.6 pct in Sept Greece’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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EconomyMacroeconomy
Unemployment down for second straight month in August, falls to 24.6 pct Greece’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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EconomyMacroeconomy Unemployment unchanged at 25 pct in July Greece’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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EconomyProgramme
Lenders also require health and labour market reforms from gov't in next months While 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.
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EconomyProgramme
No time for Tsipras to celebrate as long list of tasks means pressure is on from start The new coalition government to be sworn in on Tuesday after Sunday’s snap elections has a series of challenges ahead of it, most of which stem from the commitments and deliverables outlined in the third bailout programme signed a month ago.