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Unemployment
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EconomyMacroeconomy
Traditional sectors carry burden of job creation as unemployment levels fall Having weathered the pandemic over the last two years, Greece’s labour market remains on the recovery path it has been following since July 2013, when monthly unemployment rate peaked at 28 pct and 1.36 million Greeks were out of employment.
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EconomyMacroeconomy
Unemployment falls to 12.8 pct in Dec as jobless number drops to lowest since March 2010 Greece’s seasonally adjusted (SA) unemployment rate dropped further in December to 12.8 percent, from an upwards revised 13.4 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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EconomyMacroeconomy
Unemployment rate eases to 13.3 pct in Nov as number of employed rises sharply Greece’s seasonally adjusted (SA) unemployment rate stayed broadly stable in November at 13.3 percent, from a slightly upwards revised 13.4 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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EconomyMacroeconomy
Despite job losses in Q4 2021, year closes with positive hirings balance Greece’s employment balance remained negative in December as departures outpaced hires by 2,598, according to data from the Labour Ministry’s Ergani information system.
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EconomyMacroeconomy
Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln Greece’s non-seasonally adjusted unemployment rate continued its decline to 13 percent in the third quarter (Q3) from 15.8 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy
End of freeze on layoffs coincides with worst ever hirings balance in Nov Greece’s employment balance remained deep in the red in November with 79,129 more departures than hires, from negative 70,048 in October, according to data from the Labour Ministry’s Ergani information system.
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EconomyMacroeconomy
Unemployment rate broadly stable at 13.3 pct in Oct Greece’s seasonally adjusted (SA) unemployment rate stayed broadly stable in October at 13.3 percent, from 13 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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EconomyMacroeconomy
Employment balance turns negative by 70,048 in Oct as tourism season ends Greece’s employment balance in October turned negative with 70,048 more departures than hirings, from a positive balance by 19,727 in September, according to data from the Labour Ministry’s Ergani information system.
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EconomyMacroeconomy
Sharp rise in employed as unemployment falls to 13 pct in Sep, lowest since Aug 2010 Greece’s seasonally adjusted (SA) unemployment rate dropped to 13 percent in September, from 13.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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EconomyMacroeconomy
EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF The European Commission continued to revise upwards its estimates for Greek growth in 2021, moving up to 7.1 pct in the autumn forecasts released on Thursday, from 4.3 pct growth seen in the summer forecasts in July.