Monday April 21, 2014 Search
Weather | Athens
19o C
14o 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 dont 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)  
Eurobank share offering on April 25-29
PPC to issue corporate bond of 500 mln
Primary surplus continued by end-March
Eurobank eyes top Core Tier 1 level in Greece
Greek Christians mark rare Good Friday in north Cyprus
Hundreds of Greek Orthodox pilgrims, some coming home after 40 years of forced exile, commemorated the crucifixion of Jesus in a rare Good Friday service in northern Cyprus. Held in this med...
Greece offers to help find Turkish F-16 lost in 1996
Greece officially offered on Thursday to assist Turkey in its efforts to locate and salvage a Turkish Air Force fighter jet which crashed in the Aegean almost 20 years ago. Greek Defense Min...
Inside News
BASKETBALL
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
BASKETBALL
Former Red Bourousis wrecks Olympiakoss hopes for a break
Olympiakos tried harder in Game 2 of the Euroleague play-offs in Spain, and Real Madrid was not as good on Thursday as in Game 1, but the Spaniards still emerged victorious on the night with...
Inside Sports
COMMENTARY
The placebo effect and the economy
Among the greatest mistakes made in the years of Greeces hard landing is that citizens did not get the chance to sense that aside from austerity and pain the economic adjustment program als...
COMMENTARY
Ukraine is a crisisbut not a Cold War
Given Russias annexation of Crimea, the imposition of US and European sanctions, and the potential for more escalation in Ukraine, we are witnessing the most important geopolitical events s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
3. Greens lose badly as CSKA Moscow
4. Former Red Bourousis wrecks Olympiakoss hopes for a break
5. PPC to issue corporate bond of 500 mln
6. Greece offers to help find Turkish F-16 lost in 1996
more news
Today
This Week
Today
This Week
1. Greece's market return mirrors return of tourists
2. Parties start announcing candidates for European Parliament elections
3. Greece startup leaders say they cant break jobless cycle alone
4. Ground-breaking Good Friday mass signals thaw in Cyprus
5. IMF's Thomsen says Greece not fully financed to 2016
6. Mayoral candidates clash over Athens mosque plans
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.