Sunday Jan 25, 2015 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Despite busy tourism season, joblessness soars

By Christina Kopsini

Greek joblessness remained on an upward course in May despite the start of the tourist season, when hiring usually rebounds, and with nearly two-thirds of young people out of work.

According to the Hellenic Statistical Authority (ELSTAT), the country’s unemployment rate rose to 27.6 percent from 27 percent in April and 23.8 percent in May 2012. The somewhat paradoxical development, corroborated by Labor Ministry data which show an increase in layoffs in some tourist areas, may be explained by the combination of a rise in uninsured work in the tourism sector, the widespread use of apprenticeships for citizens of Eastern European countries and mutually agreed termination of work contracts for employees to collect unemployment benefit.

The official number of those in employment fell by 171,356, or 4.5 percent, in 12 months, bringing the total over five years to 945,824. The ranks of the unemployed grew by 193,669 individuals in May from a year earlier, bringing the total to 1,381,088. Those in work numbered 3,621,153 and the economically non-active population 3,318, 671. The new jobless, laid off between May 2008 and May 2013, came to 1,024,088.

Over the same period, the unemployment rate grew fivefold among those aged 45-54, reaching 20.9 percent, and fourfold in the 35-44 age group, in which it now amounts to 37.7 percent. But the worst-hit age group by far is that of young people up to 25, where unemployment now stands at 64.9 percent.

Separately, Labor Minister Yiannis Vroutsis has ordered extensive checks on tourist enterprises which laid off staff at the height of the tourist season in order to ascertain any violations of labor legislation. The ministry’s electronic monitoring system showed unjustifiably high rates of dismissals in certain areas in the first week of August, including Attica, Thassos, Zakynthos, Halkidiki, Messinia and Ilia.

In a further paradoxical twist, the system showed a positive balance of 91,611 new hirings in the first seven months of the year.

ekathimerini.com , Thursday August 8, 2013 (21:52)  
Draghi’s QE promise to Greece depends on debt-market math
Eurozone to discuss another extension
S&P sees red over ‘Euroskeptic’ governments
Prospect of elections sent new tax debts soaring last month
Tsipras aims for deal with lenders by this summer
SYRIZA leader Alexis Tsipras will aim to conclude an agreement with Greece’s international lenders by the summer if his party is able to form a government after Sunday’s elections. In a tele...
New highway still in limbo
The government approved a few days ago the payment of another 19.8 million euros to the firm that has constructed the 77-kilometer new Maliakos Gulf section of the Athens-Thessaloniki highwa...
Inside News
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakos’s 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
BASKETBALL
Tremendous Spanoulis sweeps Laboral Kutxa
A hot second half was enough for Olympiakos to undo visiting Laboral Kutxa and score its fourth win in as many games at the second round of the Euroleague on Friday. The 76-64 final score wa...
Inside Sports
COMMENTARY
The train
If we go by the polls, SYRIZA is set to win Sunday’s election and form a government. New Democracy did not really campaign, or perhaps it did so in a way that can only be explained if the pa...
EDITORIAL
The future is in your hands
On Sunday we will vote in a landmark and unique election. It is a landmark vote because what is at stake is whether Greece will be cut off from Europe’s core, whether certain necessary refor...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Olympiakos overcomes depleted OFI at Iraklio
2. Draghi’s QE promise to Greece depends on debt-market math
3. Tremendous Spanoulis sweeps Laboral Kutxa
4. Eurozone to discuss another extension
5. S&P sees red over ‘Euroskeptic’ governments
6. Tsipras aims for deal with lenders by this summer
more news
Today
This Week
1. Draghi’s QE promise to Greece depends on debt-market math
2. The train
3. The future is in your hands
4. Greek Elections 2015 | LIVE
5. A guide to Greek elections
6. From prison, Greece's Golden Dawn runs quiet but vitriolic campaign
Today
This Week
1. Piraeus Bank is third lender to request ELA
2. Grexit the only way out of ‘valley of tears,’ says Hans-Werner Sinn
3. Fitch lowers Greece credit outlook to 'negative'
4. No debt writedown or rolling back of reforms for Greece, says Finland's Stubb
5. Greeks fork out nearly 5 pct of their incomes on telecom services
6. Greek Elections 2015 | LIVE
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.