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Labour
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EconomyMacroeconomy
Hirings balance negative by 22,333 in January The employment balance turned negative in January with 22,333 more departures than hirings for the month after December’s positive balance of 5,970, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy
Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros The Labour Ministry's Computer Centre for Social Security Services (IDIKA) most recent report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018.
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Economy
Minimum wage increase set for end of January amid concerns about economic impact Greece’s Labour Ministry is moving ahead with plans to increase the country’s minimum wage between 5 and 10 percent amid calls for caution over such measures.
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EconomyMacroeconomy
December hirings balance positive by 5,970 with annual balance for 2018 up by 141,003 places The employment balance moved back into positive territory in December after two negative months with 5,970 more hirings than departures, according to data from the Labour Ministry’s Ergani information system.
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EconomyMacroeconomy
Private sector employees increase in 2018 along with average wage rise of 4.6 pct The Labour Ministry’s Ergani information system released a special report detailing companies and workers with employment governed by private law for 2018.
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EconomyMacroeconomy Hirings balance negative by 33,249 in November as seasonality impact begins to tail off The employment balance remained negative in November for a second consecutive month with 33,249 more departures than hirings, according to data form the Labour Ministry’s Ergani information system.
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EconomyMacroeconomy
Unemployment rate declines to 18.3 pct in Q3 The Greek non-seasonally-adjusted unemployment rate stood at 18.3 percent in the third quarter (Q3) of the year, dropping from the rate of 19 percent seen in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy
Q3 wages index up by 2.8 pct QoQ and by 4.6 pct YoY The seasonally adjusted (SA) Wages Index rose by 4.6 percent year-on-year (YoY) in the third quarter (Q3) of the year, gaining on a rise of 2.6 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday.
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EconomyMacroeconomy
Hirings balance negative by 120,087 in October on seasonal movements The employment balance turned sharply negative in October with 120,087 more departures than hirings, according to data form the Labour Ministry’s Ergani information system.
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EconomyMacroeconomy Unemployment at 18.9 pct in August, unemployed remain under 1 mln Greece’s seasonally adjusted (SA) unemployment rate fell just below 19 percent to 18.9 percent in August, from an upward revised figure of 19.1 percent in July, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.