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OAED

Unemployment Rises 4.88 pct in November Compared to October

Registered unemployment climbed by 4.88 pct in November compared to October, according to the Greek Employment Manpower Organization (OAED) on Wednesday, adding 40,261 people to the ranks of the unemployed. Overall, November's registered unemployed came to 864,778 in November, compared...

Registered Unemployment up by 3% in October

Registered unemployment grew 3.07% in October from September; totaling 824,517 people, the Workforce Employment Organisation (OAED) announced on Monday. In its monthly report, OAED said that 59.83% of registered unemployed were out of work for more than 12 months and...

Number of Unemployed Reduced by 98,000 as Tourist Season Starts in Greece

The number of registered unemployed is reduced by almost 98,000 in April as the tourist season started in Greece, according to the Greek Statistical Authority (ELSTAT). Compared to March, the number of jobless Greeks registered in the unemployment office (OAED)...

Tsipras' Pretend Heroism Is for Internal Consumption Only

Greek Prime Minister Alexis Tsipras wore his Spring 2015 costume again and started acting like the leftist messiah who would change Greece and Europe. So, he started attacking the European Union institutions and the International Monetary Fund. You can...

Registered Unemployed in Greece Exceed One Million

The barrier of one million unemployed was exceeded again in November as 28,713 more unemployed were registered during the month, OAED says. According to new figures by the Manpower Employment Organization (OAED) in November, the number of registered unemployed increased...

Greek Minimum Wage Fell by 19.5 Percent Since the Start of the Crisis

Greece holds the record for the sharpest slide in the minimum wage levels from 876.62 euros at pre-crisis levels to 683.76 euros (current rate). In the last eight years from 2008-2016, the minimum wage has been slashed by 19.5 percent in...

126,956 Greek Employees Get Paid Less Than 100 Euros Per Month

Thousands of Greeks are getting paid salaries lower than 1-year unemployment benefits offered by the Greek Manpower Employment Organization (OAED) at 360 euros per month. The Ministry of Labor sent its shocking report to a committee of experts reporting...

Registered Unemployment Drops 4.76% in April

Registered unemployment fell by 4.76 percent in April, compared with March 2016, or 42,545 less unemployed, official figures showed on Thursday. OAED (Workforce Employment Organization) in an announcement said that total registered unemployed people (seeking jobs) was 851,596 in April,...

Greek Gov't Taps on State Organization Fund Reserves for Liquidity

The Greek government is tapping on state organization fund reserves for liquidity, asking that the organizations transfer reserves to the Bank of Greece. The unemployment office, hospitals, the national health system fund, even the Greek parliament fund have been asked...