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Unemployment
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EconomyMacroeconomy
Employment balance negative by 33,356 in October as seasonality affects education and tourism hires The employment balance was negative with 33,356 more firings than hirings in October, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy
Unemployment at 16.8 pct in Aug as inactives rise by 2.9 pct YoY Greece’s seasonally adjusted (SA) unemployment rate came to 16.8 percent in August from a slightly upward revised figure of 17 percent in July, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyFeatures
Growing concerns over second lockdown in food service sector, a key employer Greece’s catering sector is bracing for the impact of new measures to contain the virus and sounding the alarm that the industry cannot survive a second lockdown.
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EconomyMacroeconomy
IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year The International Monetary Fund has issued its updated macroeconomic forecasts for Greece within the framework of the World Economic Outlook and the Fiscal Monitor released within as part of the IMF’s Annual Meetings.
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EconomyMacroeconomy
Employment balance positive by 38,529 in September The employment balance was positive with 38,529 more hirings than firings in September, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy Unemployment drops to 16.8 pct in July Greece’s seasonally adjusted (SA) unemployment rate came to 16.8 percent in July from a slightly downward revised figure of 18 percent in June, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyMacroeconomy
Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up The Greek non-seasonally-adjusted unemployment rate stood at 16.7 percent in the second quarter (Q2) of the year, rising from a rate of 16.2 percent noted in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy
Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created The employment balance was positive with 4,342 more hirings than firings in August, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy
Unemployment rises to 18.3 pct in June Greece’s seasonally adjusted (SA) unemployment rate came to 18.3 percent in June from an upward revised figure of 17.3 percent in May, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyFeatures
Grim picture in labour market obliges govt to provide more job support schemes The government is taking measures to mitigate the impact of the coronavirus pandemic on unemployment, particularly in sectors directly or indirectly connected to the tourism industry.