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Tag Archives: unemployment

Greeks cheer as PM Samaras announces: Free Wi-Fi for all

Greek Prime Minister has a dream. A vision on how to help young unemployed Greeks to deal with the debt crisis. With his powerful intuition to feel the pulse and read the most secret wish of jobless Greeks Antonis Samaras made a promise in public: to give the folk what belong to folk. …

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Eurostat: 6:10 young Greeks without job, Eurozone unemployment in new record 12.2%

YES! Greece of ‘success story’ tops again the Eurostat list on unemployment. Six out of ten Greeks below 25 years old are without work. Youth unemployment in Greece is at 57.3%, while the situation is equally bad in Spain with 56.5%. Within the eurozone countries the general unemployment has reached …

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Get a job via social media: Greek Twitter-user helps jobless via #aggeliesergasias

“My children are abroad, my sister’s children are abroad, some other nieces too.” The lady was talking to her walking companion. “Where did they do?” the other woman asked and the first answered “Oh, one is in Paris, one in New York, one in London, one in Sweden…” I didn’t …

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EU spends more in cows than in young jobless

The argument is not new. It was brought up by Peter Matjašic, president of the European Youth Forum last July, when European leaders were deciding on how to spend the money and what were the priorities of the next EU budget for 2014-2020. Peter Matjašic argued that the EU spent …

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27.6% Unemployment in Greece reaches new record; 55.1% among youth

I know. It’s not a news anymore. The fact that unemployment rises each and every month. It can be news though if the unemployment rises also in months were traditionally it was lower due to tourism season in summer months. Whether it’s worth reporting or not, unemployment reached 27.6% in …

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Greek Finance Ministry unveils draft budget 2014

Greek Finance Ministry unveiled the draft Budget 2014 on Monday. In the ambitious draft, Athens predicts recession at 4% from 4.6% originally foreseen. A much better figure when compared to 6.5% of 2012. Deputy finance Minister, Christos Staikouras who presented the draft budget, said that the primary surplus will be …

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Greece needs 20 years to re-create one million jobs lost to crisis

It’s time that we, the non-economists dealing with the Greek debt crisis, learn a new term. That’s “jobless growth” or “jobless recovery”. In short,  this term means that there is growth in an economy of a country, but people still get no jobs. Something like the phenomenon in modern Greece of …

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In times of unemployment it’s a shock to get a job (Spanish Video)

Marina wakes up at 7 o’ clock in the morning with a smile. She takes time to carefully pick up her clothes and put on  a light make up. She literally blooms every morning – at 7 o ‘ clock.  After three years of unemployment, Marina, 27, a university graduate …

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Greece’s success story: unemployment new record 27.6%

Unemployment in Greece hit a new record in May with 27.6%   just a month after Prime Minister Samaras had launched his ‘ “success story” campaign. The sheer horror is among the youth aged  15-24 :  unemployment has reached 64.5%. Total number of unemployed: 1,381,088 General unemployment 27.6% in May …

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Greek Lay-offs Minister: “I don’t sleep well at night”

While thousands civil servants are confronted with the nightmare of unemployment, another Greek drama occurs every night in an air-conditioned bedroom. A man is being plagued by difficult decisions. Minister of Administrative Reform Kyriakos Mitsotakis cannot sleep. “I do not sleep well at night when I know that they will …

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Germany invites jobless EU youth to go there for work

5.501 million unemployed youth across Europe? 3.531 million jobless youth in the Eurozone alone? No problem for all those with or without university education who if lucky could find a temporary job as pizza boys and service girls for 400 euro per month. Germany opens its arms and welcome all the …

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Greece’s unemployment still breaks one record after the other – March 2013 rates

I love Greek statistics. Honestly. They pose a challenge to any math-dude and long-memory impaired person. Every month unemployment hits a new record but every month the new unemployment rate is lower than the rate of the previous month. How comes? Oh, the rates of the previous months are revised …

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NYT: Amid rising unemployment, Greeks fall prey to job swindles

There is always a group of people winning in times of high social needs: that’s the swindlers who try to exploit desperation and need. In Greece of recession and high unemployment, job offering swindlers depriving people of hundreds of euro appeared on the scene as soon as the economic crisis …

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Bank of Greece report: economy rebalancing, but 28% unemployment for 2013

Greece is moving forward. Like a wild horse in the prairie, the debt-ridden country is galloping towards economic recovery and prosperity for all. If only there were not the grimy numbers predicting that the wild cart called Greece has still long way to go, as week by week, the economic …

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Greece in disagreement with EU over subsidized program for jobless?

Things are confusing and do not look good. Some Greek media reported on Friday, that the European Commission rejected the plan of Greek Labour Ministry to finance temporary work places for 400,000 families that have no employee. The program worked out by the Labour Ministry was to subsidize temporary work …

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EU Commission Greece’s report: end of recession in 2014 and unemployment at 21% in 2016

Recession in Greece is likely to end in 2024 but unemployment will remain above 20 percent for another three years. That would be …ehm… let me count… in 2016! Nice perceptive for the more than 1.3 million jobless. In a report published on Friday, the European Commission predicted the possibility …

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Greece’s youth unemployment skyrockets at 64% – general rate at 27% in Feb 2013

While Greece’s political leadership cheers the country’s progress and dives in a lake of unexplained optimism, the average Greek sinks deeper in misery. Eleven thousand people lost their jobs within one month – that is 392 people per day. The total number of unemployed to have reached 1,320,189, unemployment has …

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