Job vacancy numbers soar
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
Nearly 1,500 refugees passed into Greece in Augustmakis - Aug 18, 2017
The number of refugees and illegal migrants that have landed in the Greek islands of the northern Aegean Sea have…
Father arrested after prostituting daughter for 5 eurosmakis - Aug 18, 2017
A father was detained by police after it was revealed that he had been allegedly prostituting his 14-year-old girl on…