Job vacancy numbers soar

23 December 2016
134 Views

As the Hellenic Statistical Authority (ELSTAT) reported an increase in job vacancies in the third quarter of the year, experts say that joblessness in Greece is down to structural unemployment.

The number of vacancies in Q3 posted annual growth of 24.3 percent, up to 15,689 this year against 12,626 in 2015. On a quarterly basis, the job vacancies posted an increase of 3.4 percent, against a 1.2 percent decline in the second quarter.

Experts explain to Kathimerini that this rise shows an increase in structural unemployment, which is what happens when the work force cannot match the market’s needs.

You may be interested

Giannis Antetokounmpo never forgets his roots
GREECE
shares85 views
GREECE
shares85 views

Giannis Antetokounmpo never forgets his roots

makis - Feb 19, 2018

In an interview with ESPN, Giannis Antetokounmpo, known as the “Greek Freak” due to freakish athletic abilities and his prowess…

FYROM PM: Name dispute with Greece to be resolved by July
POLITICS
shares75 views
POLITICS
shares75 views

FYROM PM: Name dispute with Greece to be resolved by July

makis - Feb 19, 2018

The Prime Minister of FYROM, Zoran Zaev effectively announced that his country will have reached an agreement on the name…

Bloomberg: Greece will not receive € 5.7bln tranche at EuroGroup today
FINANCE
shares132 views
FINANCE
shares132 views

Bloomberg: Greece will not receive € 5.7bln tranche at EuroGroup today

makis - Feb 19, 2018

Greece is not expected to receive the Eurogroup approval today for the € 5.7 billion disbursements, as there are still…

Leave a Comment

Your email address will not be published.