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employment

Greece's Labor Min Reports Job Losses Outnumber Jobs Added in July

For the second consecutive July, Greece saw more job losses than hires. According to the Labor Ministry’s Ergani database, there were 239,080 new hires throughout the country in July, while job losses totaled 247,690. July was the second top month in...

Greek Employment Rose in First Quarter of 2018: Report

  The employment rate in Greece grew to 54.1 percent of the working population aged 15-64 in the first quarter of 2018, from 53.8 percent in the fourth quarter of 2017 and 52.8 percent a year earlier, the Organisation for...

Greeks Have to Work 198 Days to Pay Taxes

Greeks have to work 198 days in order to pay their annual taxes, a study conducted by the Center for Liberal Studies (KEFIM) says. According to a Kathimerini newspaper report, the KEFIM survey shows that Greeks have to work until...

Greek Unemployment Eases to 20.6% in January

The Greek unemployment rate eased to 20.6 pct in January from 20.8 percent in December 2017 and the upwardly revised rate of 23.2 percent in January 2017 the, Hellenic Statistical Authority said on Thursday. The statistics service said that the...

Many Greek Bosses Unable to Offer Full-Time Jobs

    More Greeks are in work but over half are struggling to get by on flexible or part-time contracts, data reported in Greek media has suggested. Although many are pleased to be in work, employers are struggling to hire or retain...

German Magazine: The "Working Poor" of Greece Earn €376 a Month

Unemployment in Greece is more than double the EU average and about one-third of the country's workforce earn an average of 376 euros per month, Spiegel magazine says. The report on the online version of the German magazine calls Greece's...

Lower Wages and Part Time Work Bring Down Unemployment Figures in Greece

A total 150,000 new jobs in the past three years have brought down the unemployment rate, but this is contributed to lower wages and part time employment, according to the macroeconomic analysis presented in the National Bank monthly bulletin. After...

The Working Poor: The New Category in Greece's Labor Market

The deep economic crisis in Greece has created a new group of employees, "the working poor," says Professor of Economics and Social Policy, Savvas Rombolis. In an interview with Ta Nea newspaper, the professor says that there is a large...

Half of New Greek Jobs are Part Time and Underpaying

One half of new jobs in Greece's private sector are part-time and pay below minimum wage, according to figures released by ERGANI. May figures look promising regarding the number of hirings, but the wages are low and half of the...

German Businesses Planning Investments in Greece Could Create 50,000 Jobs

German businesses are planning important investments in Greece, such as the creation of a logistics center in Alexandroupolis and investments in tourism, which could create up to 50,000 new jobs, especially for younger Greeks, Germany’s Deputy Minister of Economic...