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Strongest hiring outlook for Greece after 11 years

Employers in Greece reported the strongest hiring outlook in 11 years in the country, according to the latest survey by the Greek branch of staffing firm Manpower Group, which was released on Tuesday.

Employment outlook for the second quarter of this year rose to 21 percent, up from 18 percent in the previous quarter this year and 15 percent in Q2 last year, the data showed, according to a press release.

The 31 percent of the 750 Greek employers, who participated in the survey, said that they expect an increase in the number of their employees in Q2 this year, while the 63 percent anticipate no significant changes.

After almost a decade of severe debt crisis which fueled unemployment rates to record high levels since WWII in the country, Greece exited the harsh bailout programs last summer and most economic indexes are improving.

According to the latest official data released last week from ELSTAT, the country’s statistics agency, unemployment dropped to 18 percent of the workforce last December.

According to the Manpower Group Greece survey, employers in all nine key sectors of economic activity (from construction and industry to tourism, commerce and financial services) and for all sizes of enterprises, are expected to raise the number of their workforce in the April-June 2019 period.

“Greek economy continues to be on a recovery path, with industries increasing their investments which lead to job creation,”said Charalambos Kazantzidis, General Commercial Manager of Manpower Group Greece, according to the press release.

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