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Tag Archives: unemployment

EU Commission Not Satisfied with Greek bailout talks? No problem. Millions of Jobless Not Satisfied either…

European Commission spokesman Margaritis Schinas said Thursday that the European Commission was “not satisfied with the progress of reforms talks between Greece and its creditors.” “Work needs to intensify” Schinas said hinting to the next eurogroup meeting on April 24th and added that “This sequence of events…has not yet materialized, …

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Greece’s general unemployment still at 26% and 1:2 youth without job

Bang! I thought Greece was making much-heralded fiscal progress and much- applauded primary surpluses in 2014 and the lenders and the ND-PASOK government were congratulating each other for the glorious economic achievements… And then everyone got angry because just when the “country was about to exit the bailout adjustment program …

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Poverty and long-term unemployment are two Greek facts…

Poverty in austerity-hit Greece is a fact. According to the recently published EU data on Labor, incomes have dramatically decreased since 2010, since the country sought the ‘rescue’ via the International Monetary Fund. “Most affected by the income decrease are the vulnerable society groups. Real income in low income groups …

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Greek PM hails the end of summer with optimism over economic recovery

The month started with an ascertainment: That the “unemployment is a treacherous and tough opponent of the society, undermining the dreams of the youth” – so said Greek Prime Minister Antonis Samaras on Monday September 1st, stressing that in order to tackle unemployment “we need to take action now that we enter …

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Greek Unemployment drops down to 26.8% (Mar14) from 27.2% (Mar13)

Unemployment in Greece dropped to 26.8% in March when it was at 27.2% in March 2013 and at 26.9% the previous month. The number of unemployed is 1, 274,843 people. According to Greek Statistics Authority (ELSTAT) unemployment among youth 15-24 years old still remains high with 58.3% and women are …

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Greece’s unemployment slightly down, but still at least 1.3million people without work

Unemployment in Greece slightly decreased from 27.6% in January 2014 to 26.5% in February of the same year.However despite the slight improvement, there are still at least 1.3 million people without work. The real number is much higher as the Greek Statistics Authority (ELSTAT) takes into consideration only the unemployment …

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BBC reports from unemployment-hit South & EU elections. Do you want to participate?

“What jobless in crisis-hit south think of the European elections?” BBC journalist Patrick Jackson is traveling to “unemployment hotspots” of the Eurozone and collects opinions from Spain, France, Italy and Greece. First stop is Seville, in the Spanish region of Andalucia where general unemployment reached 36.3% last year and youth …

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Greece’s unemployment fell down to 26.7% in Jan 2014

Greece’s unemployment rate fell down to 26.7% in January 2014. According to Greek Statistics Authority (ELASTA), unemployment decreased by 0.5% when compared to December 2013, but increased by 0.2% when compared to January 2013. The number of unemployed is 1,317 million people. Most affected by unemployment are women at 30.02%, …

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Unemployment in Greece breaks all records: 28% general, 61.4% among youth

Unemployment in Greece broke all previous records! General unemployment climbed up to 28% in November 2013, while unemployment has hit the youth with 61.4%. A total of 1,382,062 people are without work and income, according to Greek Statistics Authority. November 2013 :  28% November 2012:  26.3% October 2013:      27.7% Unemployment …

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Climbing in Greece: general unemployment at 27.8%, youth at 57.9%

Its not surprise, and some even will claim “it’s not a news worth reporting”… Unemployment in Greece hit another record in October 2013: it climbed to 27.8% from 27.7% in September 2013 and 26.01% in October 2012. In total 1,387,520 people are without a work. Unemployment among youth is at …

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Unemployment in Greece gallops as usual: 27.4% in Sept 2013

Each and every month unemployment in Greece breaks a new record. According to Greek Statistics Authority (ELSTAT), the general unemployment reached 27.4% in September while the rate for youth unemployment was 51.9%. In September 2012 unemployment was at 26%. In real life numbers these rates mean that 1,376,463 people are …

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