Greek unemployment

The Greek government is to accelerate its job-cutting measures so as to hit the Troika's target of 11,000 public sector dismissals by the end of 2014. Those at risk of dismissal are those who have been placed in the state's availability-mobility scheme and those suspected of having been hired...

Greece's state-run labor agency OAED has released data for the period 2010-2014 showing a 45% increase in unemployment registrations but 47% fewer recipients of the relevant benefit, which means that despite the dole queue getting 328,208 people longer, somehow 138,824 fewer receive unemployment benefit. Unemployment is...

New data released by Greece's Finance Ministry shows that one in four citizens owes money to the Tax Bureau, which is now due a total 62.5 billion euros. However, according to the General Secretariat of Public Revenue, in January 2014, the number of people...

Greek entrepreneurs have told Bloomberg that Greece’s government support to start-up companies will not be enough to turn around a labor market in which one out of four are unemployed. Bloomberg notes that Greece has lost one-quarter of its GDP during the past...

Unemployment in Greece fell to 26.7% in January 2014, according to official data released on April 10 by the Hellenic Statistical Authority (ELSTAT), down from December 2013 but up from last January. The total number of jobless in January was...

According to the Hellenic Statistical Authority (ELSTAT), unemployment in Greece rose to 27.5% in December 2013, compared to 27.6% in November 2013 and to 26.3% in December 2012. Greece’s annual unemployment rate for 2013 was 27.3%. More specifically, in December...

The data on the effects of the Greek unemployment, conducted by research company Metron Analysis, show that 3 out of 4 people have been unemployed for about 2.5 years and the majority of them are high-level manpower. According to the...

Greece's unemployment rate rose further to a new record of 28 percent in November from a downwardly revised 27.7 percent in the previous month, the country's statistics agency ELSTAT (Hellenic Statistical Authority) said on Thursday. The rate is more than...

The annual survey carried out by the Small Enterprises’ Institute (IME) of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE) reveals that the worsening of Greek households’ finances has led to big cuts in expenditure, especially for food,...

The ongoing financial crisis in Greece along with sky-high levels of unemployment, currently 27.8 percent, has led many Greeks to migrate to other countries in order to find work and better living conditions. The most common destinations are Germany, Great Britain...