unemployment
Economy
Youth Unemployment Still Leads Greek Joblessness
It was revealed on Thursday that Greek unemployment fell to 20.8 percent in December -- a more-than-two-percent decline year-on-year.
ELSTAT, the Greek statistics body, issued new data which showed joblessness had fallen both in annual and quarterly terms.
In December there...
Economy
Greek Unemployment Remains Highest in Eurozone
Greece had the dubious distinction of continuing to top the eurozone's unemployment rate table on Thursday.
Eurostat reported that the eurozone average was 8.6 percent but that Greece still had an unemployment rate of 20.9 percent as of November 2017.
However,...
Economy
Greek Unemployment Falls, Remains EU's Highest
Greece recorded the biggest percentage decline in the unemployment rate among EU countries in October 2017, falling to 20.7 percent of the workforce from 23.3 pct in October 2016, Eurostat said on Wednesday.
However, in a report released in Brussels,...
Greece
Unemployment Rises 4.88 pct in November Compared to October
Registered unemployment climbed by 4.88 pct in November compared to October, according to the Greek Employment Manpower Organization (OAED) on Wednesday, adding 40,261 people to the ranks of the unemployed.
Overall, November's registered unemployed came to 864,778 in November, compared...
Economy
Greeks who Fled the Crisis Speak Out
It is estimated that at least 420,000 Greeks; half of which hold university degrees, left their homeland since the onset of the economic crisis in 2010, according to a 2017 Bank of Greece study.
Naturally, most of them communicate with their friends...
Economy
Greek Unemployment Rate Drops to 20.2%
Greece’s unemployment rate fell to 20.2% in July-to-September, from 21.1% in the second quarter, data from the country’s statistics service ELSTAT showed on Thursday.
About 75.6% of Greece’s 970,000 jobless are long-term unemployed, meaning they have been out of work...
Greece
Greek Unemployment Rate Fell to 20.6 pct in August, Eurostat Reports
The unemployment rate in Greece fell to 20.6 pct of the workforce in August, from 20.9 pct in July, Eurostat said on Thursday. In a report released here, the EU executive's statistics agency said that Greece and Cyprus recorded...
Economy
Registered Unemployment up by 3% in October
Registered unemployment grew 3.07% in October from September; totaling 824,517 people, the Workforce Employment Organisation (OAED) announced on Monday.
In its monthly report, OAED said that 59.83% of registered unemployed were out of work for more than 12 months and...
Economy
EU Commission Revises 2017 Greek Economic Growth Downwards at 1.6%
At its latest economic forecast for Greece, the European Commission revised its estimate for the country's 2017 economic growth from 1.8% to 1.6%.
This is the third consecutive downwards revision of Greece's growth estimate from 2.7% early this year, to...
Greece
German Magazine: The "Working Poor" of Greece Earn €376 a Month
Unemployment in Greece is more than double the EU average and about one-third of the country's workforce earn an average of 376 euros per month, Spiegel magazine says.
The report on the online version of the German magazine calls Greece's...