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youth unemployment

More than One in Four Young Greeks are Not Working or Studying

More than one in four young Greeks aged 20-34 do not work or study, according to the latest Eurostat figures for 2018. Greece is in the second-worst position among the members of the European Union, as 26.8 percent of young...

ELSTAT: Unemployment in Greece Dips Slightly in Q3 to 22.6 Percent

The debt crisis and the austerity-induced recession is reported to have wiped out around a quarter of Greece's economic revenues and has caused the country's employment sector to rank highest in the EU for unemployment, Reuter says. The latest figures...

OECD Data Shows 3 Out of 4 Greek Young Adults Live at Home

  According to data released this month by the Organization for Economic Cooperation and Development (OECD), some 76 percent of young adults in Greece aged between 15 and 24 live at home. The data in the report called "Society at a...

Eurostat: Greece Is the Steady Unemployment Champ of the European Union

Europe's statistical service Eurostat reports that Greece has the highest rate of unemployment in the European Union with 23.6 percent unemployment in May 2016, holding a steady lead ahead of Spain that came second with 19.6 percent unemployment. Croatia...

IMF Urges Greece to Open 'Closed Professions'

The International Monetary Fund proposed extensive interventions in the labor market to make it more “flexible” and limit youth unemployment according to its annual policy review of the Eurozone on Friday. The IMF warns that reforms achieved in the labor...

German Former Minister Yells Racist Attack at Greek Photoreporter

German former minister Peter Ramsauer of the Christian Social Union in Bavaria attacked a photoreporter during a meeting between Prime Minister Alexis Tsipras and German Vice Chancellor Sigmar Gabriel. Leftist Avgi newspaper reports that the Greek photographer was among...

Greek Unemployment Is More than Double the EU Average

The euro area seasonally-adjusted unemployment rate was 10.1 percent in May 2016, noting a 10.2 percent drop from April 2016 and from May 2015. While this may have been the lowest rate recorded in the euro area, the case was...

Greek Unemployment Rate at 24 pct in 3rd Quarter 2015

The number of employed amounted to 3,671,096 persons in the third quarter of 2015 while the number of unemployed amounted to 1,160,522, according to the national statistics service. The Greek unemployment rate was 24.0 percent compared with 24.6 percent in...

Eurostat: Greek Unemployed May Never Find Work Again

Unemployed people in Greece might not find work again, as long-term unemployment figures are soaring, a Eurostat study shows. Long-term unemployment means that someone has been unemployed for more than 12 months. In 2014, 73.5 percent of unemployed Greeks were...

Eurostat: Unemployment in Greece at 26.4% in July

Greece tops the “black list” of European unemployment once again, according to seasonally adjusted figures released on October 31 by EU statistics office, Eurostat. Unemployment rates across the 28 member states was 10.1% in September 2014, while the highest rates...