The five incentive schemes the Cypriot Ministry of Labor, Welfare and Social Insurance has introduced for hiring unemployed people attracted great interest as 1,319 applications had been submitted by potential employees January 17, an indication that the target set for 1,450 applications would be met.
The Greek unemployment rate fell to 13.3% of the workforce in November 2021, from 16.1% in November 2020 and 13.4% in October 2021, the Hellenic Statistical Authority (ELSTAT) said on Wednesday.
An amendment to reach Parliament by Thursday will provide for the start of the process for the further increase of the minimum salary within January, so that any decision the Labor Ministry makes starts applying from May 1.
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The government is eyeing the creation of 86,000 new jobs this year, using funds from the European Union as well as national resources, Prime Minister Kyriakos Mitsotakis said on Wednesday.
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Τhe Labor Ministry will try to bring down the unemployment rate among young people, which in November reached 39%, the highest in the eurozone, with the introduction of a subsidized net salary of 570 euros for the first six months of full-time employment of 18- to 29-year-olds.
Greece’s unemployment rate was 13.4% of the workforce in November 2021, from 13.3% in October, while the jobless rates in the eurozone and the entire European Union fell to 7.2% and 6.5%, respectively, in the month, Eurostat said on Monday.
Fewer than half of the jobs created through state subsidies were covered in the last 12 months, highlighting the gap between supply and demand, although the addition of over 50,000 jobs to the labor market in 2021 is not at all negligible in such adverse circumstances.
The new government program for subsidizing the first jobs of young people, named “Proto Ensimo (First Stamp),” will offer up to 1,200 euros, split equally between the worker and the employer, starting from January 1.
![Nikos Ballas, 31, wearing a protective face mask, works at Cosmos Aluminium factory in Larissa, July 8. [Alexandros Avramidis/Reuters]](https://www.ekathimerini.com/wp-content/uploads/2021/07/Cosmos_Aluminium_factory_worker_reuters-320x200.jpg)
The local labor market will operate under new conditions in 2022, as the last couple of years have already seen the imposition of changes due to the pandemic.
Last month presented the worst November data in terms of the hirings and layoffs balance since figures started being kept 21 years ago, as the gradual withdrawal of the economy’s support measures predictably led to the loss of some 80,000 jobs.
The jobless rate posted a considerable decline in October compared to a year earlier, shrinking from 16.4% to 13.3%, although in comparison to September there was a 0.3% rise, according to the Hellenic Statistical Authority (ELSTAT).
Three unions have filed an injunction with the Council of State, the country’s highest administrative court, to protest a ministerial decision obliging registration on a national register, on the grounds that it is unconstitutional and contravenes the European Union’s General Data Protection Regulation (GDPR).
![Jessica Saranich, who runs US operations at Monday.com, in Charlotte, NC, December 7. Saranich doesn’t want to rush to choose a date for the company to return to the office. 'To be able to lean into the discomfort and say we don’t know is a great gift that we can give to our team,' she said. [Travis Dove/The New York Times].](https://www.ekathimerini.com/wp-content/uploads/2021/12/BACK-TO-OFFICE-DELAY-1-320x200.jpg)
The executives had a good feeling about January 10, 2022 – the date when DocuSign’s 7,000 employees worldwide would finally come back to work.
![As some workers prepare to return to their physical workplaces, and many others settle in for a long remote winter, there is some lingo they might find handy. [George Wylesol/The New York Times]](https://www.ekathimerini.com/wp-content/uploads/2021/12/OFFICE_RETURN_LINGO_ADV12_2-320x200.jpg)
Consider the denizens of the office – those figures hunched over their desks typing, pinging, barking into phones, scarfing down salads, sometimes closing the loop, always circling back. They’d love to touch base. They’ll do a deep dive, if it moves the needle.
Hellenic Development Bank supported more than 237,000 job positions through its funding programs in 2020 and had a very significant impact on Greece’s GDP and employment, HDB said in an announcement on Tuesday.
Employers will have to pay a minimum compensation of 28 euros per month to each of their employees who are teleworking, according the first ministerial decision of its kind signed by Labor Minister Kostis Hatzidakis.
