Greece
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Greece unemployment

Unemployment Rises in Greece, Particularly Amongst Young People

Unemployment increased in Greece over the past year reaching 46.8 percent in young people under 25, according to a report released last Wednesday.

ELSTAT: Rise in Long-term Unemployment in Greece in 2016

Greece is experiencing a rise in long-term unemployment, ELSTAT, the country's statistics agency has reported. In the last quarter report for 2016, ELSTAT reported that 807,000 people have endured long-term unemployment, meaning that they have not worked for 12 months or...

OAED: 2.09% Rise in Registered Unemployed in January

New people registered to Greece's Manpower Employment Organization (OAED) in January amounts to 17,950, according to data that was released by the organization today. Τhis means, there was a 2.09% raise since last month. More specifically, the total of registered...

Is There Light at the End of the Tunnel for the Greek Crisis?

Ever since the Greek debt crisis erupted, back in late 2009, each successive government actively sought to defuse a sharp backlash against the bailout programs imposed on the country by the notorious trio of the International Monetary Fund (IMF),...

Young Greeks Are Moving Back in With their Parents

Bloomberg news agency published an article describing the struggle and the difficult situation that young Greeks are facing at the moment, due to the economic crisis, based on statistics provided by Eurostat. According to the agency, more and more...

Greek Unemployment Rate Still Highest in EU‏

Greek unemployment rate rose slightly to 26% of the workforce in December, from 25.9% in November, to remain the highest in the European Union, followed by Spain (23.2% in February), Eurostat said on Tuesday. The EU executive's statistics agency, in...

11,000 Public Sector Job Cuts Still Due 2014, 45,000 At Risk

With the Troika due to return to Greece immediately after the European elections, the Ministry of Administrative Reform in Athens is trying to catch up with the 11,000 public sector dismissals slated for 2014, lest bailout funds be withheld. Hundreds of contracts expire within months, but thousands more...

Eurostat: Life goes on…and on, in Greece despite crisis

Despite two years of harsh austerity measures and rising unemployment, life expectancy in Greece hasn’t dropped and young Greeks didn’t quit school to find work, as happened in other crisis-hit countries, according to Eurostat’s quality of life indicators for 2012. Data...

Eurostat: September Unemployment in Greece at 27.4%

Eurozone unemployment remained at 12.1% in November, according to figures published by Eurostat today. In the EU-28, unemployment also remained stable at 10.9%. In November there were 26.553 million unemployed in the EU-28, an increase of 19,000 compared to October, and...

Greece Unemployment Stays at 27.3%

Greece's record jobless rate was stuck for a second month in August at 27.3 percent - some 60.6 percent for those under 25 - leading the government to say that it's a "sign of recovery" because it hasn't gone...