unemployment

A National Bank of Greece survey on the country's economy has found its Gross Domestic Product will have declined by an astounding 25 percent in a five-period through the end of 2013 as the country's deep recession continues. One in...

As the Greek Parliament was approving a $17.45 billion spending cut and tax hike plan – exempting its own employees - the country’s unemployment rate rose for the 39th consecutive month to a record high of 25.4 percent, showing...

Greek Prime Minister Antonis Samaras' hopes of putting the floundering Greek economy on the road to recovery took another hit with the release of figures showing that the country's unemployment rate hit another record high and was at 25.1...

Busting a stereotype that they are the laziest and least efficient workers in Europe, Greeks actually work more hours than any of their counterparts in other countries, a report from the European Commission shows. The report dwelled on the miserable...

Greek Australians are facing major financial problems, according to the Australian Greek Welfare Society (AGWS) and would like a hike in unemployment benefits. Caseworker Dimitri Bouras told Neos Kosmos that, "The dole increase would be good news- but if...

CNN reported yesterday on unemployment, increasing suicide rates, migration and rising criminality in Greece by featuring six young Greeks and their personal interpretations and answers to the deepening debt crisis. Maria Papapanagiotaki and Aristotle Skalizos have been dating each other...

Unemployment in Greece has risen yet again, reaching 22.5 percent in April this year, a massive jump from the 16.2 percent in the same month last year, and up from the 22 percent in March. According to the figures released...

ATHENS – Pro-austerity parties got bad news on June 14th, three days before the critical elections that could determine whether parties opposed to pay cuts, tax hikes and slashed pensions win power and vow to end the punishing measures,...

BBC's Mark Lowen roams throughout Greece sending reports from the ground to describe the actual situation of the country affected by crisis.  His latest report titled "Greece sees exodus from city to country life'" is from Pahikalamos village in...

The Union of Young Farmers of Imathia prefecture called on workers to harvest peaches in the region, but only 19 Greeks responded, just as Greek officials announced that unemployment hit 22%. Unemployment rates in central Macedonia, where the Imathia prefecture is located,...