This tag is associated with 82 posts

Greece / Unemployment rate stable at 27.3 percent, ‘‘first sign of recovery’’ says the government

Greece’s recession eased in the third quarter while the unemployment rate stood at 27.3 percent in August, unchanged from the previous month, official data showed Thursday. The government described the stabilization in the job market as the ‘‘first sign of recovery.’’ Continue reading

Greece / More layoffs ‘required’ say EC, ECB and IMF

The representatives of the European Commission, the European Central Bank and the International Monetary Fund, however, are deaf to his warnings. They are demanding additional belt-tightening measures, including more layoffs. Continue reading

Greece / Unemployment jumps despite budget surplus

Indeed, unemployment in Greece has hit a new record high Continue reading

Greece / Unemployment at 34% by 2016 according to a study by GSEE’s Employment Institute

According to a study by GSEE’s Employment Institute, the rate of unemployment in Greece will climb to 34% by 2016 Continue reading

Europe / Youth Unemployment: A Map

This map from Reuters shows the current levels for the crisis in Europe Continue reading

Greece / Change in Mass Layoff Rules to come

The aim is to introduce measures which, in combination with the recent reforms, can contribute toward attracting investments and support job creation. Continue reading

Greece / Unemployment hits new record at 27.9 pc with with 58.8 pc for youth

The unemployment rate rose to 27.9 percent of the workforce in June, with 58.8 percent of young people jobless Continue reading

Eurozone / The recession is over, but youth unemployment hits record 65 pc in Greece

The Euro Zone recession is over but those aged 15 to 24 in Greece remained the hardest-hit as the jobless rate for this age group registered 64.9 percent Continue reading

Greek unemployment rates at new high: 26.9 percent and youth 57.5 percent

Greece- Unemployment rose to 26.9 percent from 26.8 percent in March, the highest reading since statistics service ELSTAT began publishing jobless data in 2006 Continue reading

Greece / State TV shutdown – 2 500 jobs cut

Greece’s government faced an internal revolt and public outrage on Wednesday over the sudden closure of state broadcaster ERT, hours after the humiliation of seeing its bourse downgraded to emerging market status. The twin setbacks, coupled with the derailing of a troubled privatisation programme, reversed a rise in investor confidence that had prompted Prime Minister … Continue reading

Greece / Unemployment rate rise to 26.8 percent, youth hardest hit

Greece’s jobless rate rose again in March, reflecting the pain of a crippling recession after years of austerity under the country’s international bailout. Record joblessness is a major angst for Greece’s coalition government as it scrambles to hit fiscal targets and show there is light at the end of the tunnel after years of unpopular … Continue reading

Greece, Spain and Portugal / The Limits to the Unemployment Benefit Safety Net

Unemployment benefits are one of the safety nets available for people affected by the economic crisis in Greece, Spain and Portugal. This system — along with other social benefits such as pensions and increased remittance inflows from family members abroad, as well as aid from family members at home and, to some extent, informal economic activities — is somewhat … Continue reading

Greece / Entering the worst jobs climate in Europe after the exams

Greece’s school exam season has arrived. But for many now facing the final-year tests known as the Panhellenics, the stress is twofold: last-minute cramming and the knowledge that they’ll soon enter the worst jobs climate in Europe. At 64.2%, youth unemployment in Greece is the highest in the continent. Those between the ages of 16 … Continue reading

Germany / To Help Spain, Portugal and Greece and Greece on youth unemployment

The German government on Wednesday (22 May) announced a series of conferences and bilateral programmes to help youngsters from Spain, Portugal and Greece find a job, as regional statistics show 17 times more unemployed youngsters in northern Greece compared to Bavaria. According to the EU’s statistical office Eurostat, youth unemployment in the northern-Greek region of … Continue reading

Greece / Photos of Growing Desperation

“Five euros only, just 5 euros,” whispered Maria, a young prostitute with sunken cheeks and bedraggled hair, as she pitched herself forward from the shadows of a graffiti-riddled alley in central Athens on a recent weeknight. As a chill wind swept paper and trash across a grimy sidewalk, Angelos Tzortzinis, a Greek photographer, caught sight … Continue reading

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