unemployment

Greek Prime Minister Alexis Tsipras announced on Monday that the nation will raise its minimum wage to €650 ($745) per month, and his government will abolish the ''sub-minimum'' wage which has been paid to those under the age of 25. Tsipras declared...

The Greek unemployment rate fell slightly to 18.6 percent of the workforce in September 2018 from a level of 18.9 percent in August, Eurostat said on Wednesday. In its latest report, released this week, the E.U. statistics agency said that...

Although unemployment in Greece dropped from 19 percent in July to 18.9 percent in August, it remains the country with the highest unemployment rate in the EU. According to the EU official statistical authority Eurostat, in October joblessness in the...

According to the Hellenic Federation of Enterprises' weekly economic bulletin published on Thursday, 44.7 per cent of the economically active population in Greece is out of work. More specifically, between the ages of 15 and 64 years old, 55.3 per...

Greek unemployment rate fell to 18.9 percent of the workforce in August, falling to its lowest level since August 2011, according to figures released on Thursday by the Hellenic Statistical Authority (ELSTAT). The number of unemployed people fell by 95,760...

The number of the unemployed individuals registered with Cyprus’ District Labor Offices declined in October to the lowest level in nine years, according to data released on Monday by the Cyprus Statistical Service (Cystat). According to Cystat, the number of...

The period between January and September of 2018 held some good and some bad news for Greece's economy and more specifically the issue of unemployment and new jobs. According to the official database ''Ergani'' of the Greek Labor Ministry, during...

Greece’s unemployment rate fell to 19 percent of the workforce in July from 19.1 percent in June and 20.9 percent in July last year, according to the Hellenic Statistical Authority's report released on Thursday. The statistics service, in a monthly report,...

Greeks are the least satisfied with their lives among citizens in Europe, according to a report in the electronic version of German financial magazine WirtschaftsWoche. The report is based on a survey of Greek citizens conducted for the annual Atlas...

Yet more positive news from Cyprus as the unemployment on the island has dropped from 10.5 percent in August 2017 to 7.5 percent in August 2018. More specifically, the unemployment among men fell to 7.0 percent while women saw their rate...