unemployment
Economy
Greek Crisis Drives Albanian Migrant Workers Back Home
The majority of the Albanian migrant workers residing currently in Greece are considering the Greek debt crisis as their potential ticket back home. After getting a taste of capitalism in Greece in the past decades, more and more Albanian...
Economy
The Greek Media and the Economic Crisis
Entering the fifth year of recession, Greece and its people are undergoing a series of different changes in their everyday life; from severe cuts in payments and benefits, spiking unemployment, social and political unrest, new age homelessness to solidarity...
Economy
Jobless Rate Hits New Record in Q4
Greece's jobless rate rose to a fresh quarterly record of 20.7 percent in the last three months of 2012, reflecting the country's deep economic malaise, exacerbated by austerity to repair public finances and emerge from a debt crisis.
On Thursday,...
Australia
Sunday Herald Sun Reports on Pending Greek Migrant Wave to Melbourne
With unemployment rates steadily rising in Greece, urban qualified workers have started expressing new interest in migrating to Australia in search of better life prospects.
Especially in Melbourne, where the Greek Community is one of the strongest in presence, Greek...
Greek News
South Africa Attracts Unemployed Greeks
The Greek debt crisis is forcing its young people to search for better life prospects outside the country. South Africa is a new land for those troubled Greeks, where applications filed by Greek unemployed people are piling up day...
Economy
Greek Children Ask Santa to Bring Jobs to Their Parents
Amidst the debt crisis plaguing Greece, children are no longer asking Santa Claus for the regular and common gifts of past Christmas holidays.
The letters collected in the red boxes of the Hellenic Post around Greece are the children’s wish...
Cyprus
More and More Greeks Seek Job Positions in Cyprus
The protracted global economic crisis has seen record unemployment levels in Cyprus, but more so in Greece, leading more and more Greek nationals to sail East seeking jobs on the island.
Even though unemployment in Cyprus is high, particularly among...
Economy
Bank of Greece Reports 500,000 Greeks Have No Income
The Bank of Greece (BoG) has issued its interim monetary policy report, with the figures for the first six[...]
Economy
Greek Jobless Rate Hits 18.4% as Economy Tanks
ATHENS – As Greece waited on a new coalition government needed to keep international loans coming and prevent the country’s bankruptcy, the austerity measures that go along with them have driven the unemployment rate to 18.4%.
That came as hundreds...
Economy
Greek Unemployment Hits 17.6% – and Climbing
Despite 18 months of pay cuts, wage hikes, and slashed pensions, a $157 billion bailout – and now forgiveness of half of its new debt – Greece’s unemployment rate has reached 17.6 percent, the second highest in the European...