Wednesday March 4, 2015 Search
Weather | Athens
20o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Unemployment reined in during the tourism season

 Jobs increased by 3,700 in third quarter from April-June period

By Christina Kopsini

It seems that the unemployment rate in Greece is finally being reined in, as the third quarter of the year – most of the tourism season – saw the share of people without jobs in the country decline by 0.4 percent compared to the second quarter, according to Hellenic Statistical Authority (ELSTAT) data that are not seasonally adjusted.

The work force survey figures, which were released on Thursday, show that employment decreased at a slower rate and the annual increase in the jobless rate eased. In Q3 the number of jobs declined by 103,100 or 2.8 percent from Q2 of 2012, and the unemployment rate grew 9.3 percent. Compared with the second quarter of this year, the number of jobs increased 3,700 in the July-September period.

The ELSTAT report puts the number of jobs at the end of September at 3,635,905, which was 0.1 percent higher than at end-June. The unemployed numbered 1,345,387, for a 27 percent general rate. The data also reveal a significant increase in the percentage of long-term unemployed – those without a job for at least 12 months. They constitute 71 percent of all the registered jobless.

Notably, the sector of “public administration and defense” showed a yearly increase of 6,000 jobs. This number could be explained either by the fact that certain departments did not officially report movement of staff in the mobility scheme or because staff hired on fixed-term contracts were taken into account. On the other hand, jobs in education decreased by over 10,000 within a year, falling from 287,600 in 2012 to 276,500 this year.

A remarkable trend that emerges from the third-quarter figures is the increase in employment in the primary sector, while the decline in construction jobs continued unabated.

Youth unemployment (including those aged up to 24 years) climbed from 56.6 percent in the third quarter of 2012 to 57.2 percent this year, while the biggest increase was recorded in the 25-29 age group, where the jobless climbed from 38 percent last year to 43.8 percent this summer, according to ELSTAT’s figures.

ekathimerini.com , Thursday December 19, 2013 (22:19)  
De Guindos insistent that Greece likely to need another aid program [Update]
For first time in years, euro economy starts surprising on upside
Spain´s De Guindos says next steps for Greece point to third rescue
Greece successfully rolls over 6-month T-bills but yield rises
Merkel says eurozone has hands full with existing Greek bailout program
German Chancellor Angela Merkel on Wednesday refused to speculate if Greece could count on a third aid package from its euro zone partners after Athens had completed its existing bailout pro...
Premature to talk about 3rd Greek bailout, EU´s Juncker says
It is too early to discuss a third bailout package for Greece, European Commission President Jean-Claude Juncker said on Wednesday, stressing the focus of talks with Athens was implementing ...
Inside News
SOCCER
Marinakis fines Olympiakos players
Olympiakos president Evangelos Marinakis on Monday fined the team 500,000 euros for disappointing performances and called on them to make a «sacrifice» to win trophies or leave. "Olympiakos ...
SOCCER
Olympiakos´s Karembeu confident UEFA on top of racism
Olympiakos strategic advisor Christian Karembeu expressed his confidence on Tuesday that UEFA are getting to grips with racism in soccer after suffering abuse during the recent Greek derby a...
Inside Sports
FOCUS
Greek officials have ruffled feathers in Brussels for not having good diplomatic manners
Strapped for cash and under pressure to deliver on reforms, Greece's new radical government has ruffled feathers in Brussels by not respecting the diplomatic niceties of the negotiating tabl...
COMMENTARY
Up the creek without a paddle
One of the issues that dominated the country’s pre-election debate was whether SYRIZA, which eventually won the vote, had worked out a plan B. It was clear from the start that its much-hyped...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Merkel says eurozone has hands full with existing Greek bailout program
2. Premature to talk about 3rd Greek bailout, EU´s Juncker says
3. Chomsky: EU reaction to Greek bid to reverse austerity was ´extremely savage´
4. Schaeuble: Greece needs to fulfill terms of agreement before further aid
5. De Guindos insistent that Greece likely to need another aid program [Update]
6. For first time in years, euro economy starts surprising on upside
more news
Today
This Week
1. Up the creek without a paddle
2. Panousis says no official decision on undocumented migrants
3. Greek officials have ruffled feathers in Brussels for not having good diplomatic manners
4. More Germans booking holidays in Greece, tourism chief says
5. For Greece, a lesson from Ireland, Kenny says
6. ECB glimpse of Cyprus debt shows limits of bank cleanup
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. A fierce battle looms
3. SYRIZA feeling the pain
4. The Greek tax drama
5. The unlikely winners of Greece's surrender on euro
6. Tsipras reversal draws Greek sympathy as party rumblings rise
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.