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unemployment

Greek Unemployment Drops to Lowest Level Since 2011

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...

Cyprus: Unemployment Hits 9-Year Low

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...

Greece: Hundreds of Thousands of New Jobs in 2018, Half of Them Part-Time, Data Reveals

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 Falls To 19 pct in July, Data Reveals

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 the Most Unhappy Citizens in Europe

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...

Cyprus Records EU’s Largest Unemployment Annual Fall, Data Reveals

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...

OECD: Unemployment in Greece Affects University and High School Graduates Alike

Despite the fact that unemployment in Greece has decreased to 19 percent, it continues to affect university and high school graduates alike, the newest OECD report says. The Organization for Economic Co-operation and Development study entitled "Education at a Glance...

Greek Unemployment Falls in May

The Greek unemployment rate fell to 19.5 percent (seasonally adjusted) in May from 21.7 percent in May 2017 and 20 percent in April 2018, the Hellenic Statistical Authority (ELSTAT) said on Thursday. In a monthly report the statistics service said...

Greece's Unemployment Highest in Developed World (chart)

Greece tops all countries in the developed world in unemployment according to the Organization for Economic Cooperation and Development’s (OECD) Employment Outlook 2018. Greece has suffered a dramatic spike in unemployment, with the 2017 total climbing to 21.7% of the...

New Data Shows Greek Unemployment Down in March

Greece's seasonally adjusted unemployment rate in March 2018 was 20.1 percent compared to 22.1 percent in March 2017 and the downward revised rate of 20.6 percent in February 2018, the Hellenic Statistical Authority said on Thursday. The number of employed...