ECONOMY

Third-quarter hiring prospects hit record low

Employment prospects in the tourism sector are among the most favorable in the labor market, according to survey results made public yesterday, which showed that Greek employers intend to slow down the rate of hirings in the third quarter of the year. Staffing services company Manpower, which prepared the survey, rated Greece’s employment prospects in the third quarter of the year at a score of minus seven, the first time the indicator has been in negative territory. The study, which interviewed 750 employers, said 12 percent of employers intend to increase staff levels, while 19 percent of companies will go ahead with head-count reductions. Two-thirds of respondents said that they intend to keep staff levels unchanged. Prospects in the manufacturing and construction sectors were among the worst, the staffing services company added.