unemployment

In the 5th year of the Greek economic crisis, Greece has good fiscal news as it continues to build a primary surplus, but for debt, reforms and unemployment it has made only limited progress.

The latest data released by Eurostat, the European Statistical Authority, revealed a marginal drop in unemployment in Greece. Unemployment in Greece in June was 27%, down from 27.1% in May. Greece still continues to have the highest rate of unemployment in Europe....

After six years of the recession's relentless battering of the Greek economy, unemployment continues to be a major societal problem. Unemployment rates may vary survey-to-survey, but all lead to the same troubling conclusions. Record-high unemployment in Greece has not spared a single...

A shocking report of the Parliamentary Budget Office regarding the economic situation of Greek households revealed that approximately 6.3 million Greeks are threatened by poverty. Approximately 2.5 million Greeks are living below the poverty line, while 3.8 million are in direct danger of...

A young, unemployed engineer from Chania, Crete, decided to end his life last week after falling into substantial financial debt. The 31-year-old man went to a grove in the rural area of Mournia, where he used a makeshift noose to...

AP - Greek unemployment dropped considerably in the second quarter but still afflicts more than a quarter of the workforce, as the country struggles to climb out of a punishing six-year economic recession. The Greek statistical authority said Thursday that...

Greece's unemployment rate eased marginally at 27.0% in June from 27.1% in May, the Hellenic Statistical Authority (ELSTAT) said on Thursday. June's reading was the lowest since January 2013, when it stood at 26.8%. At more than double the Eurozone average of 11.5% in July,...

High debt and unemployment are the most important problems that the Greek economy is facing, Eurogroup President Jeroen Dijsselbloem told the Economic and Monetary Affairs Committee of the European Parliament on Thursday. Dijsselbloem had good things to say about Greece during...

According to the latest OECD report, Greece's unemployment rate will remain around 27% through the end of 2015. Long-tern unemployment is a contributing factor to structural unemployment as a result of skill depreciation and lack of motivation in finding a...

When the economic crisis hit Greece, thousands of Greeks were forced to migrate to Germany looking for a better future. However, it appears that many of them failed in their quest and they are currently living on welfare, along...