Friday October 24, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Worst summer for labor market

The number of jobs lost in the summer months this year amounted to a record 340,282, according to data recently presented by the Hellenic Statistical Authority (ELSTAT). As a result, the unemployment rate in the third quarter of the year came to 24.8 percent, up from 23.6 percent in Q2.

The total number of unemployed climbed to 1,230,918 at end-September, while the number of those still in work shrank to 3,739,018, against 4,079,300 in the same period a year earlier, when the jobless rate stood at 17.7 percent.

The highest unemployment rate is seen among graduates of tertiary technological education (28 percent) and the lowest among professionals with postgraduate degrees (12.6 percent).

Out of all of the jobless in search of paid work, 43.9 percent are seeking exclusively full-time employment while 48.2 percent are looking for full-time work but are also willing to compromise with part-time positions. The remaining 7.8 percent desire part-time work or are don’t mind whether they find full- or part-time employment.

Those who are entering the labor market for the first time but are unable to find a job come to 24.7 percent of the total number of jobless, while the long-term unemployed – i.e. those who have been seeking work for at least 12 months – account for 62.6 percent of the total.

The unemployment rate among women at end-September stood at 28.9 percent, compared with 21.7 percent among men. Greek citizens have an unemployment rate of 24 percent against a sizable 33.1 percent rate for foreign nationals in Greece. However, 72.3 percent of foreign nationals are economically active, against just 51.7 percent of Greek citizens.

ekathimerini.com , Thursday December 13, 2012 (23:09)  
Tax revenues up by 1 bln euros in 2nd quarter, public sector wages down
ECB bank assessment to show 6-billion-euro capital gap, Citi says
EU says Turkey´s energy hunt off Cyprus is a a ´serious concern´
ECB vies for third time lucky in European stress tests
Heavy rainfall, strong winds cause problems in Attica and beyond
Heavy rainfall and strong winds led to traffic problems and short power outages on Friday as well as flooding dozens of ground-floor and basement homes and stores. The fire service received ...
Greek private workers´ union calls 24-hour strike for November 27
The country's umbrella union representing workers in the private sector, known by its Greek acronym GSEE, on Friday called a 24-hour strike for November 27 to protest austerity measures bein...
Inside News
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
BASKETBALL
Greens succumb to first loss at Bayern
Panathinaikos’s unbeaten run in all competitions came an end on Thursday as the Greek champion lost 81-75 at Bayern Munich for the Euroleague. Bayern is a team that improves every year, and ...
Inside Sports
COMMENTARY
Tension for tension’s sake?
It is evident that Turkish President Recep Tayyip Erdogan feeds off tension. He would barely have achieved as much as he has – and prevailed – if he had not been so keen to confront a series...
EDITORIAL
Testing ground
The Regional Authority of Attica is a good testing ground for politicians who appear to thrive on accusations to prove whether they can actually solve major problems of a practical nature. T...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Heavy rainfall, strong winds cause problems in Attica and beyond
2. Tax revenues up by 1 bln euros in 2nd quarter, public sector wages down
3. ECB bank assessment to show 6-billion-euro capital gap, Citi says
4. EU says Turkey´s energy hunt off Cyprus is a a ´serious concern´
5. Greek private workers´ union calls 24-hour strike for November 27
6. Finance Minister appeals for support for amendments ahead of vote
more news
Today
This Week
1. Woman killed in tram accident in Floisvo, south of Athens
2. ECB vies for third time lucky in European stress tests
3. Clocks to go back 1 hour on Sunday
4. Venizelos slams Turkey for 'flagrant violation of international law' off Cyprus
5. Cyprus GDP upgrade seen as boosting bailout exit plans
6. ECB bank assessment to show 6-billion-euro capital gap, Citi says
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Greece’s closed society is central to its current malaise
3. Coalition shooting itself in the foot
4. Greece must stick to reforms, says Schaeuble
5. At least 11 banks to fail European stress tests, three in Greece, report says
6. Cyprus to block Turkey's EU talks after EEZ violation
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.