Greek unemployment

Unemployment in Greece showed a drop in October, reaching 25.8 percent as opposed to 26 percent in September 2014, according to ELSTAT figures released on Thursday. The Hellenic Statistical Authority (ELSTAT) figures show faint signs that Greece may be emerging...

The recovery of the Greek labor market continued in September with unemployment rate falling to 25.7%, the lowest reading since August 2012. The rate was in line with expectations and down from August's (upward revised) 26% figure. Youth unemployment rate (courtesy of Eurostat)...

In a recent article, Business Insider magazine compares the current crisis European countries are facing, with the Great Depression of 1929 in the United States of America. “By the time President Roosevelt gave his inaugural address in March 1933, America...

Unemployment is society's most insidious and cruel enemy, and undermines the dreams of young people, Greek Prime Minister Antonis Samaras said at the governing council for employment on Monday. Samaras made clear that unemployment should not be treated with wishful thinking...

Greek Development Minister Nikos Dendias discussed possible tax reductions and ways to boost growth in the crisis-striken country with German Finance Minister Wolfgang Schaeuble at an official meeting in Berlin on Tuesday, state news agency ANA-MPA reported. "We discussed a lot about...

Greece's unemployment rate fell slightly to 27.2 percent in May, from 27.3 percent in April, according to an announcement by the Greek statistics agency ELSTAT on Thursday. After peaking close to 28% in 2013, the unemployment rate has been declining at a very slow...

A Eurobarometer report regarding life in Europe was released on Friday, revealing that only 42% of Greeks are satisfied with their personal situation compared to 58% in autumn 2013. Three quarters of Europeans (75%) appear satisfied with their lives. According to the survey, conducted...

The Foundation for Economic and Industrial Research (IOBE) reported on Wednesday that the Greek economy should grow by 0.7% this year but the increasing unemployment rate is likely to drop less than originally estimated. IOBE, Greece's leading economic think tank, had earlier predicted a small growth for...

Greek unemployment rate was 27.3% in April this year, unchanged from March, but slightly down from 27.5% in April 2013, with the number of unemployed totalling 1,303,454 and the unemployment rate among young people -aged up to 24 years...

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...