Figures indicate that it exceeded 20% in July 2024, the second-highest youth unemployment rate in Europe after Spain.
A key reason for the seemingly paradoxical rise in job vacancies, despite the fact that employment rates remain among the lowest in the EU, is often attributed to the so-called "skills mismatch."
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
The seasonally adjusted unemployment rate in Greece dropped to 9.8% in October 2024, down from a revised 10.8% in October 2023 but up from a revised 9.4% in September 2024, according to data from ELSTAT. Employment and Unemployment Figures The number of employed individuals rose to 4,284,694, marking an increase of 67,723 (1.6%) compared to […]
Greek long term unemployment was only surpassed by Bosnia Herzegovina (9.6%). Spain was the 3rd worse with 4.3%
Among young people aged 15-24, unemployment fell notably to 16.3% from 23.1% in Sept. 2023. For those aged 25-74, the rate declined to 9% from 10%.
The data revealed the job rate settled at 63.9%, compared to 62.7% in the first quarter and 57.3% in 2021
The new system will adjust the monthly unemployment benefit afforded to workers in proportion with the amount they have worked and salary they had received.
The number of people receiving jobless benefits was 176,931 in August 2024
As for the increase in the minimum wage, she reminded that it currently stands at 830 euros with the government’s goal being to reach 950 euros by 2027.
The number of employed persons amounted to 4,229,548, up by 26,303 compared with July 2023 (0.6%) and down by 46,286 persons compared with June 2024 (-1.1%).
According to Eurostat, Greece's high levels of youth unemployment hits recent university grads particularly hard, making it the third-worst country in the EU for recent grads to find a job.
High levels of informal employment place Greece and Portugal at the top, reflecting deep-rooted challenges in labor regulation
The unemployed population dropped to 456,663, showing a significant decrease of 85,865 from June 2023 (-15.8%) and a reduction of 30,629 from May 2024 (-6.3%).
The PM urged people to watch Coldplay's latest video clip shot at the Odeon of Herodes Atticus
ELSTAT said the number of employed persons is estimated at 4,249,074, marking a 1.3% uptick compared to May 2023
The data, covering 2023, revealed that young Greek men were the worst in the whole EU recording a NEET rate of 14.8%
The Information Technology sector leads as the most competitive at 38%, despite a 5-point drop from last quarter and 1 point from last year.
Unemployment rates are highest among women, young people up to 24 years old, residents of the Ionian Islands, and those with only a few years of primary education.
As he noted, under the previous regime, 36,000 retirees were employed, while up to now, 78,000 retirees have registered on the relevant e-EFKA platform, and this number is increasing daily.