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Unemployment
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EconomyMacroeconomy
Exceptional conditions behind reduced unemployment rate of 14.4 pct in March Greece’s seasonally adjusted (SA) unemployment rate came to 14.4 percent in March from a downward revised reading of 15.9 percent in February, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyFeatures
Study suggests 1 in 3 employees could work remotely Research by the Centre of Planning and Research (KEPE) has revealed that up to a third of Greek workers could work remotely.
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EconomyMacroeconomy
April sees lowest hiring balance on record as pandemic bites and 233,626 fewer jobs offered The employment balance edged into positive territory in April with 7,205 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy Unemployment continued downward course in Feb, falling to 16.1 pct Greece’s seasonally adjusted (SA) unemployment rate came to 16.1 percent in February from a downward revised reading of 16.2 percent in January, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyMacroeconomy
IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact The IMF released on Tuesday its latest economic estimates in the context of the World Economic Outlook, which has incorporated the impact of what it calls The Great Lockdown that sees global GDP dropping by 3 pct in 2020, subject to various uncertainties.
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EconomyMacroeconomy
Worst ever negative employment balance recorded in March as virus measures hit The employment balance turned sharply negative in March with 41,903 more firings than hirings, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy
Unemployment at 16.4 pct in January Greece’s seasonally adjusted (SA) unemployment rate came to 16.4 percent in January, unchanged from December, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyMacroeconomy Unemployment reaches 16.8 pct in Q4 The Greek non-seasonally-adjusted unemployment rate stood at 16.8 percent in the fourth quarter quarter (Q4) of the year, increasing from a rate of 16.4 percent noted in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy
Employment balance positive by 24,867 February The employment balance turned positive in February with 24,867 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
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Society
Nearly half of all households still rely on pensions for income, survey shows Research from the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE) has shown that pensions financially support almost half of all households in Greece.