A recent study sheds light on the challenges faced by migrant graduates in the European Union, highlighting the phenomenon of “brain waste,” where overqualified migrants end up in low-skilled jobs or unemployment.
EMPLOYMENT
The total number of registered unemployed persons in the Greek Public Employment Service (DYPA) registered in March 2024 amounted to 976,373 people.
Today’s teenagers, the children born during the debt crisis of the previous decade, who will enter the labor market around 2030, will be able to retire at the age of 72.5 having worked at least 38.5 years, according to the European Commission’s 2024 Aging Report – Economic and Budgetary Projections for the EU Member-States 2022-2070.
The recent resignation of the scientific director of the Biomedical Research Foundation (BRFAA) of the Academy of Athens has cast a shadow over Greece’s stated objective to plug the brain drain that has scarred the country and pave the way for a much-needed brain gain.
A decade ago, Greece was in the throes of a devastating debt crisis marked by years of austerity, hardship and unrest. Now, officials and investors say 2024 could be the year its rebound is finally complete.
Concerns have been expressed at the safety of working conditions in Greece, as 12 workers were killed in work-related accidents in the last 23 days.
At least 18,500 citizens from countries outside the European Union now work legally in Greece..
As post-pandemic work life has changed, and arrangements now include full-time office attendance as well as hybrid and remote work, so, too, has business travel.
Greece is about to introduce more formal incentives for attracting non-European Union citizens, this time based on their talent and expertise.
The objective to return the average monthly salary in Greece to pre-crisis levels is an undertaking with an increased degree of difficulty.
Minister of Labor and Social Affairs Domna Michailidou emphasized in an interview on state radio ERA that the increases in the minimum wage are aligned with those in the average salary.
Universities have had an active, albeit limited, role in the training programs run by the Public Employment Service (DYPA)
The decision to raise the minimum wage to 830 euros a month confirms the government’s inclination for progressive measures on social issues.
The federation of public sector employees, ADEDY, has announced a nationwide 24-hour strike scheduled for Tuesday, May 21.
The Digital Labor Card will be fully implemented in the industry and retail sectors as of July 1, the Ministry of Labor and Social Security said on Monday.
The Greek unemployment rate fell to 11% of the workforce in February 2024 against 11.2% in February 2023, the Hellenic Statistical Authority (ELSTAT) said on Monday.
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