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US Lawmakers May Hammer Out New Coronavirus Relief Package in July

  As their European counterparts knocked heads for days, finally agreeing on a wide-ranging, 1.8 trillion-euro ($2.1 trillion) relief package to mitigate the effects of a severe recession brought on by the coronavirus, US lawmakers have struggled to come together...

Laid Off Greek Hotel Worker Witnesses Daughter Collapse from Hunger

A 9-year-old girl in Rhodes fainted from hunger earlier in the week as she was waiting with her unemployed mother at a local bakery to buy some bread, in an incident which highlights the desperate state many employees in...

Greek Unemployment Rate Falls to New Record-Low Levels

The Greek unemployment rate fell to 16.5 percent of the workforce in November of 2019, the latest month for which official data is available. The unemployment rate during the same month in 2018 was 18.6 percent, dropping to 16.6 percent in...

Greek Unemployment Continues Downward Trend; Falls to 16.9% in July

The unemployment rate in Greece fell to 16.9 percent of the workforce in July of 2019, from a level of 19.1 percent seen exactly one year earlier and 17.1 percent in June of this year, the Hellenic (Greek) Statistical Authority...

Unemployment Drops to 16.9 Percent in Greece, Lowest Point Since 2011

According to a new report that the Greece Statistical Authority ELSTAT announced on Thursday, unemployment in the country fell to 16.9 percent during the second quarter of 2019. More specifically, 13.7 percent of Greek men are currently unemployed, while the...

Greece Remains First in the EU in Unemployment Among University Graduates

Τhe Center for the Development of Educational Policy of the General Confederation of Workers of Greece (KANEP-GSEE) published a study in Thessaloniki recently in which it shows that unemployment among young Greek university graduates remains very high,  after nearly...

Eurostat Says Greece Recorded Largest Annual Unemployment Decline in April

The unemployment rate in Greece eased down to 17.6 percent of the workforce in April from the rate of 18.2 percent seen in March, Eurostat announced in a report released on Wednesday. The EU statistical service's report revealed that Greece recorded...

Greek Unemployment Falls to 17.6 Percent in April, Lowest Since 2011

The Greek unemployment rate fell to 17.6 per cent of the workforce in April 2019 from 18.2 per cent in March and 19.8 pct in April last year, the Greek Statistical Authority (ELSTAT) said in a report on Thursday. This...

More than One in Four Young Greeks are Not Working or Studying

More than one in four young Greeks aged 20-34 do not work or study, according to the latest Eurostat figures for 2018. Greece is in the second-worst position among the members of the European Union, as 26.8 percent of young...

Greek Unemployment at 19.2 Percent in First Quarter of 2019

The Greek unemployment rate fell to 19.2 percent of the workforce in the first quarter of 2019. This rate is a substantial decrease from the 21.2 percent seen in the same period last year, but an increase from the...