Monday November 24, 2014 Search
Weather | Athens
18o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Unemployment rises to 28 pct in November

 Increase in hirings seen by Ergani not reflected in jobless figures

By Christina Kopsini

Unemployment registered a new record in Greece in November as the jobless rate climbed to 28 percent from 27.7 percent in October and 26.3 percent in November 2012, according to data released on Thursday by the Hellenic Statistical Authority (ELSTAT).

The figures showed that the number of unemployed grew by almost 1 million (991,000) in the five years from 2008 to November 2013, as the jobless numbered 1,382,062 at the end of November. The number of employed people declined by 1 percent from October and by 3.1 percent from a year earlier.

The unemployment data do not reflect the increase in the number of the people with work seen by the Labor Ministrys Ergani database. If anything, they show that joblessness is continuing to grow, albeit at a slower rate.

The financially inactive population expanded by 36,448 people within 12 months to 3,376,643, which is likely due to the increase in pensioners who have rushed to retire after losing their jobs.

Women and the young remain the two groups with the biggest jobless problems, as the unemployment rate among the former stood at 32.2 percent while three in every five (61.4 percent) young people aged between 15 and 24 years were without work. Both readings were higher than a year earlier. The worst-hit regions are Eastern and Central Macedonia and Thrace with unemployment rates of 29.7 percent, Attica with 28.9 percent, and Epirus and Western Macedonia with 28.8 percent.

Out of the 1.38 million unemployed, those receiving benefits from the Manpower Organization (OAED) in December stood at just 170,015, although over 420,000 jobless have been registered at OAED for 12 months or more and a third of those are seasonal workers in the tourism sector.

Still, the number of jobless receiving benefits has risen 30 percent since November.

ekathimerini.com , Thursday February 13, 2014 (22:21)  
Athens deserves slack from creditors
Transfer tax to be based on actual property cost, not objective value
Key general meeting at OLP on Tuesday
Agenda
Cyprus on agenda in Biden visit to Istanbul
The prospects for the resumption of stalled peace talks on Cyprus and the issue of energy security were among the matters discussed on Saturday by US Vice President Joe Biden and Turkish gov...
PASOK nixes Papandreou leadership challenge
The junior coalition partner PASOK rejected over the weekend a proposal by the partys former leader and ex-premier George Papandreou for the party to call an emergency congress and a subseq...
Inside News
BASKETBALL
Olympiakos ends PAOKs unbeaten run in Basket League
Olympiakos put an end to PAOKs unbeaten run in the Basket League with an emphatic win at the Peace and Friendship Stadium, leaving Panathinaikos as the only team with a perfect record so fa...
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japans image and economy following the triple blow of the earthquake, tsunami and nuc...
Inside Sports
COMMENTARY
Extremism from a bygone era
There are times when we seem to be overcome by self-destructive madness. I hear various commentators and politicians speaking in extreme terms of a junta, of defections, gallows, collaborato...
EDITORIAL
No call for more games
Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Olympiakos ends PAOKs unbeaten run in Basket League
2. Athens deserves slack from creditors
3. Transfer tax to be based on actual property cost, not objective value
4. Key general meeting at OLP on Tuesday
5. Agenda
6. Carlsberg to use Greece as regional junction
more news
Today
This Week
1. Extremism from a bygone era
2. No call for more games
3. Carlsberg to use Greece as regional junction
4. Transfer tax to be based on actual property cost, not objective value
5. Key general meeting at OLP on Tuesday
6. Agenda
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Anti-junta uprising anniversary to be marked amid tight security
4. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
5. Every age has its collaborators
6. Give Greece a chance
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.