Tourism helps reduce jobless figure in April

Tourism helps reduce jobless figure in April

Restaurants, hotels, travel agencies and other tourism-related enterprises helped reduce the number of unemployed registered with the Manpower Organization (OAED) in April by 22,318 from a year earlier, taking the total down to 970,328.

The start of the tourism season as well as various social employment programs that have started gave the Greek labor market a much-needed push last month, but experts stress that this is no more than a seasonal effect without any structural characteristics.

Notably, the number of jobless individuals receiving a benefit fell by 25,341 from March 2017 to 116,985 in April.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.