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IMF upgrades Greece’s GDP and unemployment rate estimates
EconomyMacroeconomyIn its latest World Economic Outlook (WEO) published on Tuesday, the International Monetary Fund was upbeat in its estimates regarding Greece’s GDP and unemployment rate, upgrading its previous forecasts released on April 12.
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Record low net job balance in Aug but 8-month figure highest since 2001
EconomyThe employment balance remained negative in August, when net departures rose to 16,128 in August 2016 from just 441 last year, the Labour Ministry’s information system (Ergani) data displayed on Tuesday.
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Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
EconomyMacroeconomyThe Greek non-seasonally adjusted unemployment rate edged down to 23.1 percent in the second quarter (Q2) of 2016 from 24.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Thursday.
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Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 23.4 percent in June following an upwards revised rate of 23.6 percent in May, Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday.
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Net job hirings rise again, reaching 19,281 in July - highest since 2001
EconomyMacroeconomyThe employment balance was kept positive for the sixth successive month with net hirings reaching 19,281 in July 2016 from net departures of 16,658 a year ago, the Labour Ministry’s information system (Ergani) data showed on Thursday.
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Unemployment rate stable at 23.5 pct in May after upward revision for April
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained stable at 23.5 percent in May after the April figure, initially reported at 23.3 percent, was increased to the same figure, the Hellenic Statistical Authority’s (ELSTAT) labour force survey showed on Thursday.
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Net job hirings hit 33,608 in June, highest since 2001
EconomyMacroeconomyThe employment balance remained positive for the fifth straight month showing net hirings of 33,608 in June 2016, up by 25,018 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data displayed on Friday.
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Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell for the third straight month in April, when it declined to 23.3 percent from a downward revised 23.7 percent in March, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate rose for the second successive quarter to 24.9 percent in Q1 of 2016 from 24.4 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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Hirings outpace job departures by 76,591 in May for fourth positive monthly balance in a row
EconomyMacroeconomyThe employment balance displayed net hirings of 76,591 in May 2016, down by 9,555 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data showed on Wednesday.