Thousands of skilled Greeks are heading overseas to further their careers, leading to fears the deeply troubled nation could be facing a brain drain.
Recruitment agencies in the UK have reported a steady rise in the number of Greek nationals seeking employment in construction, teaching and IT. Online agency CV Library reports the number of visits to its website has more than doubled in the past year.
According to Sky News, the number of 25 to 34-year-olds seeking information about working in Britain has risen by 58% since the same time last year.
Chosen excerpts by Job Market Monitor. Read the whole story at Brain Drain: Educated Greeks Flee a Nation In Economic Ruin – Breitbart.
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More than three years into an economic crisis that has threatened to tear Europe apart, one country is still on a hiring spree, and it is pulling away the best and the brightest workers from its neighbors along the way. Thousands of professionals from recession-struck Spain and Greece have been streaming into Germany, where joblessness … Continue reading
Europe’s lost generation / Youth unemployment exceeds 60 percent in Greece, is above 50 percent in Spain and tops 40 percent in Portugal
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Only Austria, Germany, Japan, the Netherlands, Norway and Switzerland have youth unemployment rates below 10 percent
Low wages and a lack of available jobs are plaguing the EUs young and educated. Greece’s 15-24 year olds are facing unprecedented levels of unemployment, while Portugal is witnessing a mass exodus as endemic joblessness drives its youth abroad. The UN labor office predicts a global rise in unemployment of 12.8 percent by 2018. Across … Continue reading
Greece’s jobless rate rose to 27 percent in February from a downwardly revised 26.7 percent in January, the country’s statistics service ELSTAT said on Thursday. It was the highest reading since the statistics service began publishing jobless data in 2006 and more than twice the euro zone’s average reading of 12.1 percent in March, reflecting … Continue reading
Euro area unemployment rate at 11.3% EU27 at 10.4%. The euro area (EA17) seasonally-adjusted unemployment rate was 11.3% in July 2012, stable compared with June. It was 10.1% in July 2011. The EU27 unemployment rate was 10.4% in July 2012, also stable compared with June. It was 9.6% in July 2011. Eurostat estimates that 25.254 million men and women in the EU27, of …Continue reading