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unemployment

Greece Champion in Unemployment at 27.3%

According to figures released by Eurostat in Brussels on Thursday, Greek unemployment stood at 27.3% in April. The unemployment rate in the euro zone reached 11.5% in June, down from 11.6% in May, while in the EU it declined...

EURES: EU Job Tool Relaunched; 1,400 Jobs Available in Greece

The new, improved version of EURES, the online recruitment platform by the European Commission was released.  EURES' main objective is to offer the best services to those who wish to work within the EU and the tackling of unemployment in Europe. The scheme...

Debts to Greek State Reached 6.2 Billion in First Semester of 2014

Debts to the Greek state hit a new record high. In the first half of 2014, debts amounted to 6,225 billion euros, according to figures published by the General Secretariat of Public Revenue. Adding the debts accumulated by the end...

Endeavor Greece: 'It Will Take 25 Years to Create the Jobs Needed'

A recently published report by the global non-profit organization Endeavor Greece came to the conclusion that Greece is going to need another 25 years in order to create the jobs needed to beat unemployment. “Achieving this in less than a...

7 out of 10 Jobs in Greece Are Temporary

According to the European Commission's annual report on employment, the young unemployed in Greece stand little chance at finding a job. The report shows that the fragile economic growth does not generate stable jobs while young Greek people and especially the unskilled are...

Insurance Funds Lost 33 Billion Euros During Crisis

Greek Social Security Funds (POPOKP) 30th Congress of Employees, presented figures which show that social security funds in the country have recorded losses of 33 billion euros during the past six years of the financial crisis . At the same...

Greek Labor Market Suffering Shortfalls

According to Manpower Group's recent “talent shortfall survey” for 2014, even though unemployment in Greece is at its highest, 4 out of every 10 employers find it difficult to fill several posts with the appropriate staff. “Forty two percent of...

Rental Prices in Attica Drop

Owners in Greece have reduced even by half the rental prices of their properties, in order to attract tenants. During the last three years an overall fall in rental prices of about 40% has been reported. According to real estate...

First Quarter Unemployment 2014, Stable at 27.8%

The unemployment rate for Greece stood at 27.8% for the first quarter of 2014. It remained unchanged compared with the previous quarter, while showing a slight increase compared to the 27.6% rate recorded in the first quarter of 2013. According...

Eurostat: Slight Decrease in Unemployment

The highest unemployment rate on a European level was recorded in Greece, followed by Spain and Croatia. Meanwhile, Germany, Austria and the Netherlands appear to have the lowest rates of unemployment. In Greece this February, unemployment stood at 26.5%, a...